Basic Staff Training

Series: Auditing

Accounts Payable

Course Description:

This section focuses on how to perform auditing procedures for accounts payable, accrued expenses and other liabilities. The material includes illustrative auditing procedures and discusses the affects of assessed levels of risk of material misstatement on the design and performance of substantive procedures

Learning Objectives:

Upon successful completion of this course, participants will be able to:

• Understand the basic procedures for auditing accounts payable, accrued expenses and other liabilities
• Understand the affects of material misstatement on accounts payable, accrued expenses and other liabilities auditing procedures
• Learn ways to audit accounts payable, accrued expenses and other liabilities more efficiently
• Design and prepare the most efficient documentation for accounts payable, accrued expenses, and other liabilities auditing procedures