Experienced Staff/New In-Charge - Auditing Intangible Assets and Goodwill

Overview

This CPE course can be purchased individually or as part of the Audit Staff Essentials - Experienced Staff/New In-Charge staff training bundle.

Review the accounting for intangible assets as well as the history and current accounting for goodwill.

In this CPE self-study course, you will learn about the common risks, internal controls, and auditing procedures for intangible assets and goodwill.

Highlights

Key Topics

• Accounting for intangible assets and goodwill
• Auditing intangible assets
• Auditing goodwill
• Risk assessment
• Common audit procedures
• Documentation

Prerequisites

1-2 years of audit experience

Designed For

Who Will Benefit

• Experienced staff
• New in-charge auditors

Objectives

Learning Outcomes

• Identify intangible assets and goodwill and the appropriate accounting for each type.
• Recall the audit objectives and related assertions in the area of intangible assets and goodwill.
• Identify basic processes, controls, and audit procedures in the intangible assets and goodwill area, and identify weaknesses and possible solutions.
• Recall the common audit procedures surrounding intangible assets and goodwill and demonstrate mastery through a commonly encountered audit situation.