Audits - Simple Entity (On-Demand - CPA PRO)
Overview
Participants will learn how to apply Canadian Auditing Standards (CAS) efficiently and effectively to audits of simple or less-complex entities. Participants will use case studies and practical examples to translate requirements into scalable, high-quality procedures and documentation.
Access expires 180 days from purchase date |
Applicable for
- Practitioners who audit entities that, based on size and characteristics, are simple or less-complex.
- Audit seniors and managers looking to scale CAS requirements effectively.
- Partners and reviewers seeking practical approaches to quality and efficiency on small audits.
Learning Objectives
By the end of this course, participants should be able to:
- Interpret CAS requirements in the context of a simple entity and scale work effort appropriately.
- Identify and assess risks of material misstatement based on an understanding of the entity and its system of internal control.
- Design and perform appropriate audit procedures, including analytical procedures and tests of details, responsive to assessed risks.
- Recognize opportunities to improve efficiency while meeting documentation standards.
- Apply case study insights to other client engagements.
Content
Topics include:
- CAS overview and characteristics of simple/less-complex entities.
- Initial activities: client acceptance/continuance and engagement terms.
- Risk assessment: materiality, understanding the entity, planning discussions, estimates, and internal control (including IT environment).
- Responding to risk: substantive procedures, control testing opportunities, journal entry testing, sampling.
- Concluding and reporting: communicating with those charged with governance, evaluating misstatements, and the auditor’s report.
Course Content Created: August 2023
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Kirsten S. Albo, FCPA, FCA, ICD.DAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Where available, accompanying materials such as handouts or course notes are included.On-demand courses are eligible for verifiable CPD hours upon successful completion, and a certificate will be made available for download for your records.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
After completing your purchase, go to mylms.bccpa.ca. Log in using your CPABC Online Services credentials. Click Go to Your Courses and Materials to access your Learning Center. Select your course title to begin.
Course Dates & Registration
- 7
- CPD Hours
- 1
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
Audits - Simple Entity (On-Demand - CPA PRO)
- 7
- CPD Hours
- 1
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Overview
Participants will learn how to apply Canadian Auditing Standards (CAS) efficiently and effectively to audits of simple or less-complex entities. Participants will use case studies and practical examples to translate requirements into scalable, high-quality procedures and documentation.
Access expires 180 days from purchase date |
Applicable for
- Practitioners who audit entities that, based on size and characteristics, are simple or less-complex.
- Audit seniors and managers looking to scale CAS requirements effectively.
- Partners and reviewers seeking practical approaches to quality and efficiency on small audits.
Learning Objectives
By the end of this course, participants should be able to:
- Interpret CAS requirements in the context of a simple entity and scale work effort appropriately.
- Identify and assess risks of material misstatement based on an understanding of the entity and its system of internal control.
- Design and perform appropriate audit procedures, including analytical procedures and tests of details, responsive to assessed risks.
- Recognize opportunities to improve efficiency while meeting documentation standards.
- Apply case study insights to other client engagements.
Content
Topics include:
- CAS overview and characteristics of simple/less-complex entities.
- Initial activities: client acceptance/continuance and engagement terms.
- Risk assessment: materiality, understanding the entity, planning discussions, estimates, and internal control (including IT environment).
- Responding to risk: substantive procedures, control testing opportunities, journal entry testing, sampling.
- Concluding and reporting: communicating with those charged with governance, evaluating misstatements, and the auditor’s report.
Course Content Created: August 2023
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Kirsten S. Albo, FCPA, FCA, ICD.DAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Where available, accompanying materials such as handouts or course notes are included.On-demand courses are eligible for verifiable CPD hours upon successful completion, and a certificate will be made available for download for your records.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
After completing your purchase, go to mylms.bccpa.ca. Log in using your CPABC Online Services credentials. Click Go to Your Courses and Materials to access your Learning Center. Select your course title to begin.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.