Description
This course will review the risk assessment standard requirements and discuss the importance of risk assessment in the current environment. It will help you to improve audit quality by avoiding common challenges.
Designed For
Highlights
- Misconceptions leading to noncompliance with AU-C sections 315 and 330
- Understanding the entity and its environment, including internal control
- Assessing the risks of material misstatement
- Performing audit procedures in response to assessed risks