Currently, all CPE and networking events are offered virtually only. Visit our updated catalog »

Auditing Contingent Liabilities and Going Concern (On-Demand) 2020v2

Description

Understand how a comprehensive framework includes concepts such as the presumption of a going concern and fair presentation, and recognize what disclosures need to be present.

Look beyond the figures and facts to consider not only the current accounting for the transaction, but also the future implications, such as the entity’s ability to continue as a going concern, as well as commitments and contingencies − including the auditor’s responsibility related to litigation claims assessment.

Consider the procedures and documentation required as well as the liquidation basis of accounting

Format: Audio, Video, Interactive Elements

Learning Objectives
  • Recall the important accounting considerations for contingent liabilities and going concern.
  • Identify basic processes, controls, and audit procedures over the contingent liabilities and identify weaknesses and possible solutions.
  • Recall the requirements under AU-C section 570 and AU-C section 570, as amended.
Major Topics
  • Auditing contingent liabilities
  • Liquidation basis of accounting
  • Auditing going concern
  • Auditing going concern as amended by SAS 132
Provider
AICPA - Durham
Course Level
Intermediate
CPE Field of Study
Auditing
1.5
Who Should Attend

Experienced staff
New in-charge auditors

Prerequisites

None.

Advanced Preparation

None.

Purchase Now
When
Available 24/7
Location
Online
Total CPE Credits
1.5
Format
On-Demand

MEMBER


$ (% off)
$89.00

NON-MEMBER


$ (% off)
$109.00
Become A Member

Purchase This Program

Auditing Contingent Liabilities and Going Concern (On-Demand) 2020v2


Your browser is out-of-date!

Update your browser to view this website correctly.

Update my browser now

×