Upon completion of this course, you will be able to...
- Identify typical audit risks and special audit considerations for tangible long-lived assets
- Tailor a detailed audit plan to respond to assessed risk of material misstatement related to fixed assets and leases
- Recall key controls related to property, plant, and equipment
- Recognize and apply lease accounting requirements, including the impact of Topic 842 lease accounting standard changes on both lessees and lessors