Deep Dive Into Common Auditing Deficiencies

Overview

This course will review common deficiencies identified by the AICPA and state boards of accountancy. It features discussion on a variety of topics, including analytical procedures, sampling, group audits and risk assessment. We will review the areas of concern and how you can overcome them by employing best practices.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this course include:

Review common deficiencies identified by the AICPA and state boards of accountancy.
Feature discussion on a variety of topics, including analytical procedures, sampling, group audits and risk assessment.
Review of the areas of concern and how you can overcome them by employing best practices.

Prerequisites

Prior experience with GAAS

Designed For

Accountants in public practice,

Objectives

After attending this presentation, you will be able to...

Analyze common audit deficiencies
Identify proper methods of performing risk assessment and documentation
Recall best practices for auditing estimates
Recognize changes to auditing standards for estimates and risk assessment

Preparation

None

Credits

Level

Code

Vendor

Fields of Study

Leader(s):

Melisa Galasso, Galasso Learning Solutions

Leader Bios

Melisa Galasso, Galasso Learning Solutions

Melisa Galasso, CPA is assionate about providing confidence, not just compliance as she leads Galasso Learning Solutions as Founder & CEO. Melisa is a nationally recognized authority in designing and facilitating courses on advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. Since 2016, she has guided the GLS team to deliver quality in everything we do. With a far-ranging career in public accounting, academia and industry and a bachelor’s degree from Georgetown University, Melisa has built a reputation for delivering engaging, effective learning experiences for CPAs. Committed to advancing our profession, she has served on multiple committees for leading industry organizations including the AICPA and FASB, written the nonprofit accounting book, “Money Matters for Nonprofits,” and has been honored with the Top 50 Women in Accounting Award, the Rising Star award from NAWBO Charlotte, and “40 under 40” recognition by CPA Practice Advisor. In her free time, Melisa loves spending time with her family and can often be found at one of her daughter’s horse shows, supporting the arts with tickets to the orchestra, volunteering, or speaking a bit of French or Spanish on one of her treasured quarterly vacations.

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