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. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
Recall the fundamental principles of AI and its applications in marketing.
Leverage AI tools and technologies to enhance marketing campaigns.
Utilize practical strategies for integrating AI into your firm's marketing workflow.
Measure the effectiveness of AI-driven marketing efforts.
Compare real-life case studies and success stories of successful AI implementations in marketing.
Major Topics
The topics that will be covered in this class include:
- New concepts due to the issuance of SAS No. 145
- Revised requirement to separately assess inherent risk and control risk
- A new definition of significant risk
- New emphasis on IT controls and risk of material misstatement
- New guidance on maintaining professional skepticism
- Revised requirements to evaluate the design of certain controls
- Revised requirements regarding audit documentation
- New guidance on scalability
