Auditing Revenue

Objectives

As often one of the largest and more significant figures in the financial statements, revenue is an important area in the audit. Revenue is also presumed to be a risk of fraud, unless rebutted.

This webinar will provide insight into the key audit procedures for revenue complying with the relevant ISAs and consideration for the revenue streams of the entity.

Key Topics

This webinar will cover the following key areas:

• Evaluating revenue recognition policies and internal controls
• Assessing the revenue transactions and assertions, and the risk thereon
• Audit requirements in rebutting the risk of fraud in revenue
• Auditing different revenue streams
• An overview of substantive testing of revenue
• Performing and using analytical procedures in revenue

Who Should Attend?

This webinar is aimed at all levels of staff involved in auditing financial statements.