Audit Red Flags: Navigating Financial, Behavioral, and Control Risks in Auditing - 2025 (Text Based)

This course covers the key red flags auditors should watch for during audits. It explores risks in financial reporting, revenue recognition, internal controls, and compliance. The course helps auditors identify warning signs of potential fraud, misstatements, and issues like weak internal controls or suspicious audit evidence. It also addresses red flags in management behavior, cybersecurity, and going-concern evaluations. 

Learning Objectives:

1. Identify common red flags that may indicate fraud, misstatements, or weak internal controls during an audit.
2. Evaluate risk areas in financial reporting, revenue recognition, internal controls, compliance, and cybersecurity.
3. Recognize behavioral and operational warning signs, including management conduct and going-concern issues, that could signal deeper audit concerns.

Review Date: 06/29/2025

Required Components: Written Materials

CPE Final Exam Required Passage Grade: 70%

Please Note: This course must be completed within 1 year of the date of receipt of this course for CPE Credit

Prerequisites: None

Level: Basic

NASBA Category: Auditing

Recommended CPE:  4

For more information regarding administrative policies such as refunds, cancellations, and complaints, please contact FurtherEd at (912) 666-6282.

FurtherEd is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.