About this course

  • $136.00
  • 1.5 CPD hours
  • January 21, 2026 - 1:00 PM ET

By the end of this course, participants will be able to:

  • Understand key risks and audit assertions related to inventory
  • Plan and observe inventory counts to test existence and completeness
  • Audit costs of inventory, including purchased goods, raw materials, WIP and finished goods
  • Evaluate management’s assumptions for WIP, including overhead allocation and percentage completion
  • Test inventory valuation
  • Document conclusions effectively

Instructor(s)

Kirsten Albo

FCPA, FCA, ICD.D, President of ASK KSA Consulting Inc.

Kirsten has over 30 years of experience in public practice and uses her knowledge and expertise to provide practical solutions to help firms meet the requirements of being in public practice.

Kirsten gained her experience in public practice as an assurance partner at PricewaterhouseCoopers LLP. She was the partner on many public and private companies operating in a variety of industries. Her clients included Air Canada, Northwest Company and Winpak. Kirsten has a strong technical background and the ability to deal with complex matters. It is this experience she now brings to her clients.

She has in-depth technical knowledge as she has faced extensive assurance and accounting issues. There are very few issues she has not encountered. And, having been subject to many internal and external file inspections she knows the challenges SMPs can encounter and appreciates where they can save time without sacrificing quality. When resolving issues, Kirsten is known for her practical approach and ability to provide useful advice. She is a good sounding board and helps practitioners address risk and make practical business decisions.