Property, Plant, and Equipment (PP&E) often represents one of the largest balances on a company's financial statements, making it a critical area for auditors to understand. This course provides a practical approach to auditing PP&E, covering key audit assertions, common risks, and potential threats to the balance. This course will also cover different types of fixed assets and the various depreciation methods allowed under US GAAP.

Participants will explore essential substantive audit procedures and real-world examples to reinforce their learning. To put theory into practice, attendees will work through an activity focused on testing fixed asset additions, gaining hands-on experience in performing a test of details.