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Top 5 Ways to Get the Most Value for Your Audit Fees
Start Date (Local)
1/24/2013 6:00:00 PM Eastern (EST/EDT)
1/24/2013 8:00:00 PM Eastern (EST/EDT)
Field of Study
Auditing -- 2 Credits
Audited organizations of all nature, size and complexity have a vested interest in successfully managing the financial statement audit process. Cost-effectiveness, timely financial reporting, minimizing organizational disruption, and other incentives can result from an effective and efficient financial statement audit. While there are certain factors that drive audit fees which are outside of the control of the audited entity, there are several ways for organizations to proactively get the most value for the cost of the audit.
This course will discuss the key factors that impact an audited entity's ability to achieve the most value for the cost of the financial statement audit. Upon completion of this course, participants will better understand how to proactively work with the auditor's and improve their own financial reporting processes to minimize audit fees.