How to Audit Cash
Master the audit of cash by learning every procedure required to examine this high-risk asset. This course explains the unique characteristics of cash from an auditor’s perspective and then walks step-by-step through the tasks needed to audit cash accounts. You will evaluate internal controls, identify fraud risks, and prepare both a bank reconciliation and a proof of cash, equipping you to perform thorough and efficient cash audits.
Format
PDF Course
Course Lists
Duration
1 Hour
Course Information
Author: Steven Bragg
Course Number: AU1011
Table of Contents
Chapter 1. Auditing Cash
Chapter 2. The Bank Reconciliation and Proof of Cash
Learning Objectives
- Recognize the different types of cash equivalents.
- Specify the characteristics of cash that can drive the contents of the audit plan.
- Cite the different types of reports and forms that the auditor must obtain from a client’s bank.
- Recognize the types of controls that can be applied to cash-related processes.
- Recognize the different types of analyses that can be used to examine a client’s cash transactions and balances.
Level: Overview
Instructional Method: QAS Self-Study
NASBA Category: Auditing
Prerequisites: None
Advance Preparation: None
Latest Review Date: October 2024
Program Registration Requirements: Click on the Enroll button to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.
Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.