Staff Level Training
Empower your team with the tools they need to excel in their roles today and grow as influential leaders within your organization.
Custom training clients may mix and match modules to meet their learning objectives.
How to Audit Long-term Debt
According to the FASB, long-term debt are those shceduled to mature beyond one year from the date of an entity's balance sheet. This course will cover the basics of auditing long-term debt, including the related audit assertions, risks, & threats to long-term debt.
During this course, we will also highlight the various substantive auditing procedures that staff should perform, and also walk through some real-world examples.
Upon completion, learners will be able to:
1. Recall the audit assertions applicable to long-term debt
2. Recognize risks & threats related to long-term debt
3. Identify substantive auditing procedures that are used to obtain comfort over long-term debt