Analyzing Accounts Receivable in IDEA® is a half-day, instructor-led course that walks students through a case study at Bright IDEAs, Inc. where they are hired to perform an Accounts Receivable Audit. The auditor evaluates business and audit risks associated with Accounts Payable and then reviews potential tests that can be used to address those risks.
This training showcases how to utilize IDEA to verify totals, sampling, aging, identifying unusual AR transactions, and recalculating transactions. We will also use a portion of the IDEA Data Analysis Workbook for your reference.
**Please note participants are required to be actively engaged in the class and complete coursework to qualify for CPE credit.**
4 Hours (4 CPE)
Field of Study
AS101 Introduction to IDEA
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
Caseware International, 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
For concerns regarding course offerings, certifications or complaints, please contact:
Sarah Davies, Training Services Administrator