Call Report Series: The Financial Statement Audit Process

What’s involved in auditing financial statements? What do auditors consider and how do they use the Call Report? This session will cover a lot of ground, starting with an independent auditor’s objective and concluding with a better understanding of how audit reports are created. Topics will include:

• How audit risks are assessed and how internal controls are evaluated
• Audit tools and required communications
• Use of Call Reports by external audit firms
• Best practices when dealing with auditors

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