Auditing the Statement of Cash Flow - Common Errors & Practical Solutions

Introduction

Auditors can often neglect the statement of cash flow, relying on accounting software to produce an accurate result. However, this reliance is frequently misplaced. Errors are not uncommon and additional audit work is often required - particularly as the audit opinion covers the truth and fairness of all financial statements presented.

This concise webinar highlights common issues found in statements of cash flow prepared under FRS 102 and explains how auditors can effectively document their work in this area.

What You Will Learn

This webinar will cover the following:

• A brief reminder of the basics of the statement of cash flow
• Common errors and how to spot them
• Documenting the cash flow audit