Staff Training — Level III

Excellent for experienced auditors, Level III contains six separate courses, including auditing accounting estimates, contingent liabilities and revenue recognition. Several reports have cited revenue recognition as one of the riskiest areas for fraud and financial restatements. The revenue course will help you identify potential risk areas and avoid restatements. Courses also include identifying business strategies and learning how they affect the audit and understanding how external forces affect your client’s business and your audit approach.

• Recognize and apply the generic business strategies of differentiation and cost leadership and value-chain analysis
• Locate, gather and analyze strategic information about a client and its competitors
• Auditing concerns: revenue recognition, accounting estimates and commitments and contingencies

Courses: All courses are included in the CD-ROM format (1 disk) and in the Complete On-Demand Series. Courses are also available individually in On-Demand format (see below):

Prerequisite: Three to five years public accounting experience and completion of the AICPA courses Staff Training — Level I and Staff Training — Level II or equivalent

Note: The CPE On-Demand course will be accessible immediately after completing the purchase process. Access instructions will be shown on the Order Confirmation Screen and also included in the Order Confirmation Email.