Common Blunders in Audits of Governmental Entities
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Description: This course addresses the most common mistakes auditors make when auditing governmental entities, and provides solutions to avoid similar problems in the areas such as :
- Defining the financial reporting entity
- Addressing independence issues
- Understanding the entity and its environment
- Obtaining and documenting the understanding of internal controls
- Risk assessment and response
- Representations letters
- Group audit engagement matters
Experience/Prerequisites: Minimum to advanced level.
Who should attend: Partners and managers responsible for planning and supervision of engagements, as well as staff persons conducting those engagements.
Recommended CPE credit: 8 hours
Acronym: CBAG