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Survival Course for Auditors—Auditing Going Concern

Survival Course for Auditors—Auditing Going Concern

About

Reduce the cost of errors and the risk of material misstatements with this interactive, on-demand course focused on ASA 570 Going Concern and AASB 101 Presentation of Financial Statements.

You’ll learn how to identify, assess, and respond to going concern risks — from evaluating management’s assessment to forming the appropriate audit opinion.

By the end of the course, you’ll be able to confidently assess an entity’s ability to continue as a going concern, recognise red flags, and ensure accurate and compliant financial reporting in accordance with auditing and accounting standards.

What You’ll Learn:

  • Understanding and applying ASA 570 and AASB 101
  • Performing risk assessment procedures and evaluating management’s assessment
  • Identifying signs of financial distress and liquidation risk
  • Evaluating material uncertainty and forming audit opinions
  • Addressing loan covenant breaches and classification issues
  • Common pitfalls in auditing going concern
  • Considering subsequent events in the going concern assessment

Duration: 2 hours

Who Should Attend:
Auditing professionals involved in assessing going concern assumptions or reviewing financial statements under ASA 570 and AASB 101.

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iSpring log in and enrolment details will be sent from Basford Consulting Training within 24 hours after purchase.

 
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