Surgent’s Auditing Complex Investment Types (Audit Skills Training – Level 5) (A5M3) (SSAA32/19)
June 30, 2019 @ 12:00 pm| $120
Entities may have more complex investments, such as non-readily marketable securities that trade in an inactive market or use unobservable inputs for fair value determination. This module discusses the key considerations when auditing common complex investment types.
Accountants who account for or audit more complex or non-readily marketable securities
- Discuss types of non-readily marketable securities
- Describe fair value modeling techniques for Level 3 assets
- Explain the requirements when using the work of a specialist or Service Organization Control Reports in auditing investments
- Describe fair value presentation and disclosure for complex investments
- The fair value measurement process, including non-readily marketable securities
- Auditing fair value measurement and disclosure, including alternative investments and complex derivatives
- Using a specialist for fair value determination, including Service Organization Control Report considerations
- Example accounting for complex derivatives, such as put options and embedded derivatives
- Fair value hierarchy considerations for disclosures related to non-readily marketable investments
Experience on complex audit engagements
When you purchase a Surgent CPE on-demand course, it must be taken by June 30, 2019, to receive credit.
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Once you complete a course, please allow up to 30 days to receive you certificate of completion.
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