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Concurrent Session

CAN2215. Cannabis Auditing and Financial Statements

This session will focus on the unique aspects of cannabis auditing and financial statements including the frequent use of IFRS, including biological assets; challenges around valuations; income and cannabis tax exposure; inventory costing and other considerations.  Session will be presented from both the perspective of the external auditor and CFO.


Learning Objectives:

  • Understand the unique nature of cannabis auditing
  • Identify key areas of risk and concern for auditing
  • Learn about best practices in cannabis auditing
Date/Time
CPE Credits
1.0
NASBA Field of Study
Auditing
Level
Intermediate
Prerequisites
3-5 Years in the Profession
Advanced Preparation
None