Auditing Standards

Significant Unusual Transactions

This course provides an overview of significant unusual transactions as prescribed by SAS 135 - the standard intended to more closely align Auditing Standards Board guidance with the PCAOB. This course provides an overview of both the major and minor changes to the risk assessment process as well as the related documentation requirements.

Learning Objectives:

  • Recognize characteristics of significant unusual transactions.
  • Identify changes as a result of the issuance of SAS 135.
  • Recognize both major and minor changes to the risk assessment process.


Prerequisites/Advanced Preparation:

None.


Speaker / Author:

Rebecca Lee, licensed as a CPA in Alabama and South Carolina, is a Group Practice Leader for Kaplan Financial Education, powered by Loscalzo Institute, and a founding Principal with Brooke, Freeman & Lee. She serves as the assurance, quality control, and compliance principal with responsibilities for the audit practice.

She has served on numerous AICPA and state society committees, including the AICPA Management Consulting Service Professional Practice Subcommittee, Small Business Consulting Practices Subcommittee, and Council of the AICPA. She has chaired both the Management Advisory Committee and the Personal Financial Planning Committee of the Alabama Society of CPAs. Rebecca currently serves on the Illinois Society of CPAs Peer Review Committee, which serves multiple state societies of CPAs.

Rebecca has served as professor of management accounting in the graduate studies (Master in Public and Private Management) program at Birmingham-Southern College. Rebecca holds a BS degree in accounting from Jacksonville State University, along with a master’s degree in Accounting from Birmingham Southern College. She is a member of the Alabama Society of CPAs, the South Carolina Association of CPAs, and the AICPA.

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Price (USD)

Standard: $49.90

Details

Course Code : 99LEE04

Release Date : 07/28/2022
Expire Date : 11/30/2025
Credits :
CPE 2.00
QAS 2.00

Length : 1hr 40min
Course Level : Basic
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Accounting

Theme : Auditing Standards

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