Ideal for both experienced and new auditors, the course provides a deep understanding of modern auditing concepts and principles, preparing participants for the challenges of 21st-century accounting. It covers the latest auditing standards and techniques, focusing on ethics, regulations, and ASB advancements. Participants will learn ethical and regulatory standards, ASB developments, fraud risk mitigation, effective communication, and technology use in audits.

• recognize 2023's economic challenges and their implications on business accounting post-COVID-19
• identify ASC 275 disclosure requirements, changes in accounting standards, and issues with trade receivables and PPP loans
• recall solutions for staffing challenges and enhancing audit efficiency, focusing on remote auditing and inventory-related practices
• distinguish between GAAP's "going concern" terms and appropriate reporting methods in the COVID-19 context
• define fraud elements, differentiate fraud types, and understand vulnerabilities in small businesses using the "Report to the Nations on Occupational Fraud and Abuse"
  
• recognize auditor criticisms and implications from recent litigation, especially undetected fraud
  

Practicing CPAs, CFEs, and CMAs both in public accounting and business and industry -- controllers, accountants, and other financial accounting personnel