EBP2260. Auditing Alternative Investments

Discuss Auditing of Alternative Investments including operation aspects unique to the asset class such as time lags and certification "coverage" of the investments, and an understanding of the "practical expedient" for use of Net Asset Value. This session will provide basis on the different types of investments within the Alternative Investment asset class as well as helpful information to guide auditors to risk assessing and testing these investments effectively and efficiently.

Learning Objectives:

• Identify common types of Alternative Investments and the unique considerations in an EBP audit
• Determine effective risk assessment and auditing procedures for these types of investments