Webcast
Auditing Accounts Receivable – Focusing Procedures for Testing Existence and Valuation
Strengthen your approach to auditing accounts receivable by focusing on the procedures that drive reliable conclusions around existence and valuation. This course covers confirmations, cutoff, collectability, and CECL-related allowance testing in a practical audit framework.
$98.00
Webcasts are available for viewing Monday – Friday, 8am – 8pm ET,
and Saturday & Sunday, 10am – 6pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
2 Credits: Auditing
Course Level
Basic
Format
Webcast
Course Description
Auditing accounts receivable requires more than sending confirmations and tying out an aging report. This CPE course focuses on the procedures that matter most when testing existence and valuation, helping you assess common risks in receivables, identify fraud red flags, and tailor your audit approach to the client’s facts and circumstances. Topics include core assertions, cutoff considerations, confirmation strategy, alternate procedures for nonresponses, and the treatment of pledged, assigned, factored, and note receivables.
The CPE webcast also takes a practical look at evaluating confirmation responses and auditing the allowance for credit losses under CECL. Through examples and case-study style walkthroughs, you’ll examine how to interpret exceptions, assess collectability, challenge management’s assumptions, and determine whether receivables are fairly stated. For practitioners working in audit and attest, this is a focused refresher on one of the most judgment-heavy areas of the balance sheet.
Learning Objectives
After completing this course, you will be able to:
- Identify key audit risks, fraud considerations, and relevant assertions related to accounts receivable.
- Distinguish between appropriate confirmation approaches, alternate procedures, and follow-up steps for exceptions and nonresponses.
- Evaluate sales cutoff, revenue recognition, and related-party or unusual receivable issues that may affect the audit conclusion.
- Assess the reasonableness of the allowance for credit losses, including management assumptions and CECL-based valuation considerations.
Course Specifics
WC1926474591
June 15, 2026
None
None
Compliance Information
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
Jennifer F. Louis, CPA has over 25 years experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs on a project or part-time basis. Jennifer serves a wide variety of clients, including public accounting firms, state CPA societies, private industry corporations, and public sector agencies.Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years. Prior to that, Jennifer was Executive Vice President/Director of …
Webcast
