Auditor Communications: What the Audit Committee Needs to Know
SKU: 02-286-01-CPE
Credit Hours: 2
Category: Auditing
Prerequisites: None
Learning Level: Overview
Delivery Method: Online PDF
Instructor: Kelen F. Camehl, CPA, MBA
Course Description:
This course provides a practical overview of what auditors must generally communicate to the audit committee throughout an audit engagement. It covers the auditor's responsibilities, how the audit plan may change as new information emerges, and the use of internal auditors, other company personnel, or specialists in performing audit procedures.
Upon completion of this course, you should be able to:
- Recognize the auditor’s responsibilities and key communications to the audit committee
- Identify matters the audit committee should receive to support financial reporting oversight
- Recognize when changes to the audit plan are needed and their impact on the engagement
- Determine how the work of internal auditors, other personnel, or specialists is used in the audit
- Distinguish among significant and critical accounting policies as well as alternative treatments
- Recognize disagreements with management and audit difficulties that require communication