Auditing Top-Ten List: Audit Wrap-Up

Audit Wrap-Up is where audit quality is either confirmed or compromised. In this focused one-credit webcast, Sunish Mehta walks through the “twilight zone” of the financial statement audit life cycle and shows how to close nonpublic engagements with discipline, efficiency, and clear documentation. Using a practical top-10 list, he connects risk assessment, further audit procedures, and the audit risk model to the specific decisions and procedures that must be completed before you release your report.

You’ll work step-by-step through final documentation review, outstanding items and confirmations, management representation and management letters, financial statement and disclosure finalization, subsequent events and going-concern assessments, and audit opinion determination. The course also covers communication of internal control deficiencies, emerging quality management requirements (SQMS and SAS 146), engagement quality review expectations, and best practices for file assembly, retention, and lockdown, so your wrap-up stands up to peer review, regulators, and litigation.