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New Staff: Practical Application - Auditing Debt
Audit & Assurance
CPE Self-study

New Staff: Practical Application - Auditing Debt

This CPE course discusses issues related to recognition and measurement of long-term debt, including confirming balances, recalculating accrued interest, and the recognition of interest expense.

$79 - $99
Do you have an AICPA membership? Log in to apply your member discount.

Format

Online

NASBA Field of Study

Auditing

Level

Basic

CPE Credits

1

Author(s)

Tom Noce, Lynford Graham

Availability

1 year

 Business & partner 
Learning Outcomes
  • Recall the audit objectives and related assertions in the debt area.
  • Identify the basic audit procedures over the debt process, including those surrounding risk and fraud, and apply those procedures to a commonly encountered audit situation.
Key Topics
  • Relevant professional standards related to auditing cash
  • Cash and cash equivalents
  • Audit objectives and assertions for cash
  • Risk assessment for cash
  • Application of guidance and cash case study
Product Details

This CPE course can be purchased individually or as part of the Audit Staff Essentials - New Staff: Practical Application staff training bundle.

Learn about the relatively straightforward issues relating to recognition and measurement of long-term debt as well as the more challenging issues relating to presentation and disclosure.

Understand the more mechanical side of auditing debt, including confirming balances, recalculating accrued interest, and the recognition of interest expense.

Learn how to ensure that your working papers contain sufficient appropriate evidence to support related financial statement disclosures.

Who Will Benefit
  • Recently onboarded staff
  • First-year staff
  • Firms that want consistent training and level setting
Pricing
Do you have an AICPA membership? Log in to apply your member discount.
Nonmembers
Online
$99.00
AICPA Members
Online
$79.00

Looking for group pricing?

We can help with group discounts. Call us at 1-800-634-6780 (option 1) or email us at salessupport@aicpa.org

Contact us
Credit Info
CPE Credits
Online
1
NASBA Field of Study
Auditing
Level
Basic
Prerequisites
None
Access
Online
This is a digital product. You will have access to the content for 1 year after purchase date.
Instructors
Tom Noce
CPA, CFE
"Tom Noce, CPA, CFE is a CPA licensed in California and New Jersey with over 37 years of experience in the field of public accounting, including eight years as a partner in a midsized firm. He is a graduate of Rutgers University. Tom began his independent practice in September 2003. His primary industry focus is in audit, accounting, and taxation services for construction and real estate clients. Tom is also a Certified Fraud Examiner and provides fraud prevention and detection, forensic accounting services, and litigation support to clients in a number of industries. As an experienced author, instructor, and lecturer, Tom writes and teaches continuing professional education for CPAs. He chaired the 1st and 2nd Annual Fraud Conferences and 1999 and 2000 Audit and Accounting Conferences, sponsored by the California CPA Education Foundation. Since 1999, he has authored and presented more than 15 courses for the California CPA Education Foundation, the AICPA, and other providers. Tom was honored with the California CPA Education Foundation’s Award for Instructor Excellence in 2004 & 2010. Tom lives and practices in Palm Springs, California. He is an accomplished woodworker and enjoys spending his spare time in his workshop."
Lynford Graham
CPA, Ph.D., CFE
"Lynford Graham, CPA, Ph.D., CFE is a CPA with more than 35 years of audit practice and policy development experience. He is a visiting professor of accountancy at Bentley University in Waltham MA. Dr. Graham is a member of the AICPA and a past member of the Auditing Standards Board. He chaired the task forces for AICPA Guides Assessing Audit Risk and Audit Sampling. He is also the chair of the Auditing Revenue Task Force for the AICPA Guide on Revenue Recognition. He was a partner and National Director of Audit Policy for BDO, LLP. Prior to that, Dr. Graham was an associate professor at Rutgers University. Before Rutgers, he was a national accounting and SEC consulting partner at Coopers & Lybrand, responsible for technical issues research, auditing research, and sampling. A Certified Fraud Examiner, in 2002, he received the Distinguished Service Award from the auditing section of the AAA. He is a co-author of several award-winning academic research papers. Dr. Graham holds an MBA and Ph.D. from the University of Pennsylvania, (Wharton School). He is the editor of Accountants' Handbook, 12th Edition (Wiley, 2012) and Internal Control: Audit and Compliance (Wiley, 2015)."
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Shipping costs  and sales taxes will be added later during checkout
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New Staff: Practical Application - Auditing Debt
Select from the following options:
Online
$99.00
Nonmember Price
$99.00
Price excluding sales tax
$99.00
Do you have an AICPA membership? 
Log in to apply your member discount.
Shipping cost and sales tax will be added later during checkout

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