CPAxPACK: Audit Essentials: Cash, Expenses, Inventory

Overview

This CPAx Pack includes three individual sessions for a total of 6 CPE. You receive significant savings when purchasing these webinars as a Pack. Each of the courses runs live once a month beginning May 1, 2025 through April 30, 2026. Register for these scheduled courses as your schedule allows - at no extra cost to you. Once registered for this pack, log in instructions will be emailed to you separately for each individual course.

Elevate your auditing skills with our specialized course bundle, designed to provide you with in-depth knowledge and practical expertise in auditing cash, expenses, payables, and inventory.

Whether you’re a seasoned auditor looking to refine your skills or a newcomer eager to learn the essentials, this bundle offers comprehensive coverage of key auditing areas. Discover the intricacies of auditing cash transactions, master the techniques for auditing expenses and payables, and gain a thorough understanding of inventory auditing.

Each course is crafted to equip you with the tools and insights needed to conduct effective and efficient audits, ensuring accuracy and compliance. Join us on this learning journey and transform your auditing capabilities, making you an invaluable asset in the field of finance and accounting.

Enroll today and take the first step towards mastering the art of auditing!

Highlights

"All courses in this Pack are presented by Melissa Galasso

The major topics that will be covered in this course include:

Course 1: How to Audit Cash

CPE: 2

Description: Cash is essential to every business, and is often one of the first accounts audit staff are exposed to. This course will cover the basics of auditing cash, including the related audit assertions, risks, & threats to the cash balance. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples. 

Course 2: How to Audit Inventory

CPE: 2

Description: Inventory observations are often a right of passage for audit staff. This course will cover the basics of auditing inventory, including the related audit assertions, risks, & threats to inventory. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through how to conduct a physical inventory observation.

Course 3: How to Audit Expenses & Payables

CPE: 2

Description: It is imperative that audit staff understand the fundamentals of expenses & payables. This course will cover the basics of auditing expenses, accrued liabilities, and other payables, including the related audit assertions, risks, & threats to the expenses & payables balances. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.

Prerequisites

None

Designed For

Auditors who may need to audit inventory, cash, and expenses

Objectives

After attending this presentation, you will be able to...

• Recall the audit assertions applicable to the cash balance
• Recognize the risks & threats related to the cash balance
• Recall the audit assertions applicable to the expenses & payables balances.
• Recognize risks & threats to the expenses & payables balances.
• Recognize risks & threats related to the inventory balance
• Identify substantive auditing procedures that are used to obtain comfort over inventory

Preparation

None