Surgent's Auditing Accounting Estimates

Register Now
  • Location
    • Your Space
      Your Space
      Self Study - Surgent, ID 00000
  • Credits
    • 2.00
  • Credit Type(s)
    • Auditing (2.00)
  • Prerequisites
    • Experience in accounting and attestation

  • Vendor
    • Surgent McCoy CPE, LLC
  • Level
    • Intermediate
  • Fields of Study
    • Auditing
  • Message
    • When & Where You Want


As you advance in your audit careers, your responsibilities include auditing more subjective areas, such as accounting estimate. These estimates are pervasive across a set of financial statements and are often very sensitive to relatively small changes in assumptions, which can have a significant impact on the amount of the estimate that is recorded, or not recorded, in the financial statements. In this session, we will review the relevant auditing guidance related to auditing estimates. We will focus on the three key ways in which auditors can audit accounting estimates: waiting for the contingency to resolve itself, auditing the client's estimation process, and developing the auditor's point or range of estimate. Then we'll review what will be changing, and what will be staying the same, when SAS 143 becomes effective for 2023 audits.

  • Course Type: On-Demand Webcast
  • Designed For

    Accountants with several years in the auditing profession


    • Identify the provisions found in AU-C 540 related to auditing estimates
    • Identify key differences between AU-C 540 and the new requirements for auditing estimates under SAS 143


    • Common accounting estimates
    • Accounting guidance related to loss and gain contingencies
    • Audit guidance related to auditing accounting estimates
    • Overview of the requirements of SAS 143

    Advanced Prep


    Register Now

    ← Back to List