Financial Audit Procedures - Current Assets
Learn HAW to test the Current Assets' accounts balances
Description
The Financial Statements Audit - Current Assets course teach how to test the following account balances:
- Inventory: Inventory Count, Deposit confirmation letter, Cut-off & In transit material, Pricing of purchased and produced material, Obsolescence, Fair value based on sales price
- Account Receivables: Reply to customer confirmation letter, Alternative procedure, Roll-back and roll-forward, Bad debt provision, Factor
- Cash & Cash Equivalents: Reply to bank confirmation, Bank reconciliation, Cash count
- Related Parties balances, including Intercompany reconciliation
The course is presented by the founder of HAW - How Audit Work that is an organization that provide audit related service, including teaching. The founder, Mk, is an auditor with soon 10 years audit experience in different countries (as US, UK, Netherlands and Italy) always working in Big4 audit firms.
Contact us by email, Facebook, LinkedIn or Youtube to know about the available multi-course promotions.
List of HAW - How Audit Work courses available:
1 - Audit Planning
2 - Accounting Procedures & Internal Controls
3 - Confirmation Letter
4 - Audit test - Non-curent Assets
5 - Audit Test - Current Assets
6 - Audit Test - Equity & Liabilities
7 - Audit Test - Income Statement
8 - Audit Test - All Others
9 - Audit Operative Overview
10 - Audit High Level Overview
11 - Audit Summary
12 - Audit Insight - Become & Evolve to be a Top Auditor - FREE
13 - Audit Insight - Career & Lifestyle of Auditors - FREE
14 - Audit Insight - Audit Perception & Career After Audit - FREE
Don't fall behind the best version of yourself and improve now your Audit skills !
"Just focus, learn & do it!"
- Mk -
What You Will Learn!
- Learn HAW to audit the accounts balances classified in the Current Assets
- Learn HAW to audit Inventory: Quantity count, Pricing for Purchased and Produce stock, Fair value based on sales price and Obsolescence
- Learn HAW to audit Account Receivables, Bad Debt Provision, Related Parties balances and Factor
- Learn HAW to audit Cash & cash equivalent, including Bank reconciliation
Who Should Attend!
- Student that want to understand what is the audit of financial statements and learn how to audit
- Beginner and experienced auditor that need operative knowledge to perform an audit planning
- Anyone that is interested to know what is an audit of the financial statements and what auditors do