Cannabis companies have unique risks that need to be assessed by the auditor. Understanding those risks will enable the auditor to properly obtain reasonable assurance regarding the reliability of financial reporting.
Course ID: WNKAA
What You Need to Know About Auditing Cannabis Companies
Learning Objectives
After completing this course, you will be able to:
• Identify potential stumbling blocks in preparing for an audit, review, or compilation of your Cannabis company, and how to avoid/deal with them
• Recognize how to deal with financial reporting considerations
• Recall what a CPA needs to know before engaging a Cannabis company
Major Topics
• Revenue Recognition
• Audit Planning
• Audit Risks
• Internal Controls
• Reporting issues
Who Should Attend
Practitioners who perform audit engagements for Cannabis Companies
Fields of Study
AuditingPrerequisites
None