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How to Audit Inventory -Self-Study

Available Until

OSCPA On Demand

On Demand, OK 00000

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2.00 Credits

Member Price $105

Non-Member Price $130

Overview

Inventory observations are often a right of passage for audit staff. This course will cover the basics of auditing inventory, including the related audit assertions, risks, & threats to inventory. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through how to conduct a physical inventory observation.

Highlights

 

Prerequisites

None

Designed For

CPAs in Oklahoma

Objectives

  • Recall the audit assertions applicable to inventory
  • Recognize risks & threats related to the inventory balance
  • Identify substantive auditing procedures that are used to obtain comfort over inventory

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.

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Non-Member Price $130

Member Price $105