Price:
R345.00 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Probeta Training
Duration:
180 Minutes
Additionals:
R345.00 (VAT Incl.)
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Probeta Training
Duration:
180 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
This session clarifies for the auditor every action needed to audit revenue. It describes the characteristics of revenue from an auditing perspective, and then goes on to describe the steps required to audit revenue.
The following will be included in this session
• The 5 assertions that must be tested for revenue
• The direction of testing
• Focusing on the mistakes made by auditors with regards to the cut-off and completeness test
• When will it be necessary to quality revenue?
• The fraud presumption. What does it mean?
• Specific fraud tests that the auditor must perform during the audit
• What is meant by auditing different revenue streams?
• What is die meaning of “rebut” the fraud presumption
• A 10-step plan to test revenue
The following will be included in this session
• The 5 assertions that must be tested for revenue
• The direction of testing
• Focusing on the mistakes made by auditors with regards to the cut-off and completeness test
• When will it be necessary to quality revenue?
• The fraud presumption. What does it mean?
• Specific fraud tests that the auditor must perform during the audit
• What is meant by auditing different revenue streams?
• What is die meaning of “rebut” the fraud presumption
• A 10-step plan to test revenue