What the Audit Committee Must See​

Course Description:
 
This course guides audit committees on the key information auditors need to communicate during an engagement. It covers the auditor’s responsibilities, how audit plans may shift with new information, and the role of internal auditors, company personnel, or specialists. You will also learn how auditors report on significant accounting policies, estimates, unusual transactions, alternative treatments, and any disagreements or challenges during the audit. By the end, you will have a clearer view of what the committee should receive and how timely, thorough communication supports strong oversight of financial reporting.


Learning Objectives:

Upon completion of this course, you will be able to:

• Recognize the auditor’s responsibilities and key communications to the audit committee
• Identify matters the audit committee should receive to support financial reporting oversight
• Recognize when changes to the audit plan are needed and how they affect the engagement
• Determine how the work of internal auditors, other personnel, or specialists is used, and recognize disagreements with management or other audit difficulties that require communication