QAS Self-Study
Overview
CPE Credits
1 Credits: Auditing
Course Description
Accounts payable is the aggregate amount of an entity’s short-term obligations to pay suppliers for goods and services purchased on credit. Accrued liabilities are recorded via journal entry and are based on the gradual accumulation of a liability over time. How to Audit Liabilities describes the characteristics of liabilities from an auditing perspective as well as the activities required to audit many types of liabilities. Steven M. Bragg places particular emphasis on to the search for unrecorded liabilities.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Chapter 1
- Recognize the key characteristics of liabilities;
- Note the circumstances in which inherent risk is considered to be more likely;
- Cite the different activities that can be used to examine accrued liabilities;
- Describe the different types of analytical procedures that can be applied to liabilities; and
Chapter 2
- Recognize the accounting rules related to loss contingencies and the fair value option.
Course Specifics
|
Course ID 9179032 |
Revision Date November 10, 2022 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
Qualifies for CA Fraud: Yes
Qualifies for CA Fraud Credits: 1
Qualifies for CA Fraud Credits: 1
Course Instructor
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …
How to Audit Liabilities
$29.00 – $49.00
QAS Self-Study
Overview
CPE Credits
1 Credits: Auditing
Course Description
Accounts payable is the aggregate amount of an entity’s short-term obligations to pay suppliers for goods and services purchased on credit. Accrued liabilities are recorded via journal entry and are based on the gradual accumulation of a liability over time. How to Audit Liabilities describes the characteristics of liabilities from an auditing perspective as well as the activities required to audit many types of liabilities. Steven M. Bragg places particular emphasis on to the search for unrecorded liabilities.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Chapter 1
- Recognize the key characteristics of liabilities;
- Note the circumstances in which inherent risk is considered to be more likely;
- Cite the different activities that can be used to examine accrued liabilities;
- Describe the different types of analytical procedures that can be applied to liabilities; and
Chapter 2
- Recognize the accounting rules related to loss contingencies and the fair value option.
Course Specifics
|
Course ID 9179032 |
Revision Date November 10, 2022 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
Qualifies for CA Fraud: Yes
Qualifies for CA Fraud Credits: 1
Qualifies for CA Fraud Credits: 1
Course Instructor
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast. Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with …
How to Audit Liabilities
$29.00 – $49.00