Courses Currently Available On Demand
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How to Audit Inventory
Inventory observations are often a right of passage for audit staff. This course will cover the basics of auditing inventory, including the related audit assertions, risks, & threats to inventory. During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through how to conduct a physical inventory observation.
Upon completing this course, learners will be able to:
- Recall the audit assertions applicable to inventory
- Recognize risks & threats related to the inventory balance
- Identify substantive auditing procedures that are used to obtain comfort over inventory
CPE Credits (Webinar/MP4):
2 Credits Webinar/MP4
Program Level:
Basic
Instructor:
Jaclyn M. Veno
Prerequisites:
None
Advanced Preparation:
None
CPE Credits (Self Study):
2.5 Credits On Demand / Self Study
Field of Study:
Auditing
