This course is a half-day, instructor-led case study that walks students through their role as an auditor hired to perform an Accounts Receivable Audit at Bright IDEAs, Inc. The auditor evaluates business and audit risks associated with AR and then reviews potential tests that can be used to address those risks. This case study includes a review of using IDEA to verify totals, sampling, aging, identifying unusual AR transactions, and recalculating transactions.
This course is based on the CI202 IDEA Data Analysis Workbook.
4 Hours (4 CPE)
10:00 AM - 2:00 PM Central
CI101: IDEA Data Analysis Level 1
After completing this training, participants will be able to:
Import MS Access and print reports into IDEA
Use Field Stats and Control Totals to reconcile and validate data
Create new fields to identify and extract unusual AR transactions
Add comment fields
Create random samples
Analyze credit notes, account balances, and unauthorized accounts
Audimation Services, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of the continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org