Text

1 CPE

Surgent's Surging Auditors: Wally’s Warehouse

This is a text-based course

Text
1 CPE

This is a text-based course. To receive credit, you are required to review all content and achieve a minimum score of 70% on the final exam.

During this interactive game, participants take the role of an auditor performing a physical inventory observation at a client’s warehouse. Participants will have the opportunity to use their powers of observation and exercise professional skepticism in identifying areas of risk that might need follow-up, interviewing Wally the client, and performing inventory test counts. After performing the test counts, participants will evaluate the results.

Learning Objectives

  • Use your powers of observations and exercise professional skepticism to identify issues related to the physical inventory observation 
  • Identify high value questions to ask the client prior to performing the test counts 
  • Perform procedures to test the existence, completeness, and accuracy of the physical inventory count 
  • Evaluate the results obtained from the test counts performed

Major Topics

  • Observation and professional skepticism
  • Interviewing the client
  • Performing test counts
  • Evaluating the results obtained

CPE Credits Available

1 CPE
1
Auditing

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Accounting & Auditing

Prerequisites

None

Advanced Preparation

None

Intended Audience

Accounting professionals new to taking inventory observations

Provider

Surgent CPE

Purchase This Course

  • COCPA Member

    $ 49 49
    Join

  • COCPA Non-Member

    $ 64 64
    Your Price

Please login to register.