Audit Risk Assessment in Plain English

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  • Location
    • Your Computer
      Your Space
      ISCPA / ACPEN Webinar, ID 00000
  • Credits
    • 1.20
  • Credit Type(s)
    • Personnel / HR (1.20)
  • Prerequisites
    • None

  • Vendor
    • ACPEN
  • Level
    • Intermediate
  • Fields of Study
    • Personnel/Human Resources
  • Message
    • Virtual Experience

Description

Audit Risk Assessment in Plain English, is a 2 hour webcast highlighting the AICPA’s clarified risk assessment standards, along with a new Statement on Auditing Standard (SAS 145) related to understanding the entity, the entity’s environment, the entity’s internal controls, and assessing the risks of material misstatement.  This session will attempt to simplify the requirements using common sense examples and language.



  • Presented by Burt Hamner

    • Delivery Format: Live Webcast Replay

    Designed For

    Industry and Public Accountants

    Objectives

    • Understand the AICPA's clarified risk assessment standards and their importance in the auditing process.
    • Familiarize oneself with the key components of the new Statement on Auditing Standard (SAS 145) related to understanding the entity, the entity's environment, the entity's internal controls, and assessing the risks of material misstatement.
    • Develop an understanding of the relationship between audit risk assessment and the overall audit strategy.

    Highlights

    • Overview of Audit Risk Assessment
    • AICPA's clarified Risk Assessment Standards
    • SAS 145
    • Assessing the Entity's Environment
       

    Advanced Prep

    None

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    Leaders

    ACPEN Panel

    No Biography Available

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