Self-Study

Surging Auditors: Wally's Warehouse Download

  • Tuesday, April 5, 2022 – Sunday, April 30, 2023

  • 1.00
    CREDITS
    Auditing

During this interactive game, participants take the role of an auditor performing a physical inventory observation at a client's warehouse. Participants will have the opportunity to use their powers of observation and exercise professional skepticism in identifying areas of risk that might need follow-up, interviewing Wally the client, and performing inventory test counts. After performing the test counts, participants will evaluate the results.

Objectives

  • Use your powers of observations and exercise professional skepticism to identify issues related to the physical inventory observation 
  • Identify high value questions to ask the client prior to performing the test counts 
  • Perform procedures to test the existence, completeness, and accuracy of the physical inventory count 
  • <span data-contrast="auto" xml:lang="EN-US">Evaluate the results obtained from the test counts performed
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Highlights

  • Observation and professional skepticism
  • Interviewing the client
  • Performing test counts
  • Evaluating the results obtained

Additional Information

Designed For

Accounting professionals new to taking inventory observations

Vendor

Surgent

Advanced Preparation

None

Credits

1.00 Auditing

Prerequisite

None

Course Number

2227455

Level of Knowledge

Basic

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