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Audit Leaders: Auditing accounting estimates


This product is currently on sale: Use promo code NY25 at checkout to receive 25% off. Hurry, offer expires 11:59pm, Thursday 31 Jan 2019.Whatever the size of your client, take a look at the typical issues that arise when auditing accounting estimates, how you can challenge management's assumptions if required and how you can ensure that you are maintaining the right balance of documentation to support your evaluations

**NOTE**The Audit Leaders series has been prepared in line with international audit and reporting standards. Those webinars that contain references to Australian standards (i.e., AASB, or ASA) are in line with international equivalents (IFRS, ISA and IAS).

Content Description:

With the growth in volume of accounting estimates required to be evaluated within financial statements, challenging and documenting estimates within audit files has become increasingly important.

Whatever the size of your client, take a look at the typical issues that arise when auditing accounting estimates, how you can challenge management's assumptions if required and how you can ensure that you are maintaining the right balance of documentation to support your evaluations

Learning Outcomes:

Upon satisfactory completion of this webinar series you will be able to:

  • Identify the typical issues that arise when auditing accounting estimates
  • Develop the confidence and tools to assist in your discussions with your client when it comes to challenging and/or reviewing management's assumptions
  • Compose the appropriate level of documentation required to support your evaluations within your audit files

Benefits:

Attendees will have the tools to assist in maintaining quality audit engagements through the use of practical issues and examples. 

Jackie Russell-Green is a Technical Associate with BDO. Jackie has over a decade of experience in financial reporting and specialises in the application of New Zealand equivalents to International Financial Reporting Standards and Public Benefit Entity Accounting Standards. Jackie’s clients have come from a wide cross-section of industries including not-for-profits, public sector (both central and local government), financial services, utilities, manufacturing, tourism and agriculture.


EVENT DETAILS


Topic: Audit & Assurance

Sub-Topic: Financial Statement Audit

Format: Recorded Webinar

Proficiency Level: Intermediate, Advanced

CPD: 1 hours