How to Audit Expenses and Payables -Self-Study
Available Until
2.00 Credits
Member Price $105
Non-Member Price $130
Overview
A strong understanding of expenses and payables is essential for audit staff. This course provides a practical foundation in auditing accounts payable, expenses, and accrued liabilities, covering key audit assertions, common risks, and potential threats to these balances.
Participants will explore essential substantive audit procedures and apply their knowledge through real-world examples. A key focus of the course is the Search for Unrecorded Liabilities - a presumptively mandatory test for completeness that every auditor must master. Attendees will walk through this critical procedures step by step, gaining the confidence and skills needed to perform it effectively in practice.
Highlights
Prerequisites
None
Designed For
CPAs in Oklahoma
Objectives
- Recall the audit assertions applicable to the expenses & payables balances
- Recognize risks & threats related to the expenses & payables balances
- Identify substantive auditing procedures that are used to obtain comfort over expenses & payables
- Perform a search for unrecorded liabilities
Preparation
None
Notice
Leader(s):
Leader Bios
Jaclyn Veno, CPA Crossings Webinars
<Jaclyn Veno, CPA has extensive experience in accounting, auditing, and adult learning. At Galasso Learning Solutions, she develops highly rated Level Training programs that bring concepts to life through case studies, hands-on activities, and games.Before joining GLS, she worked for two Top 10 CPA firms, managing international teams and overseeing more than 20 acquisition audits. A Clemson University grad with both bachelor’s and master’s degrees in accounting, she also holds certificates in Adult Learning Theory, Instructional Design, and Facilitation.
Non-Member Price $130
Member Price $105