Survival Course for Auditors—Auditing Going Concern
Location
Online event access details will be provided by the event organiser
About
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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Access
iSpring log in and enrolment details will be sent from Basford Consulting Training within 24 hours after purchase.
