2024 Instant Audit? Just Add Risk Assessment

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  • Location
    • Your Computer
      Your Space
      ISCPA / ACPEN Webinar, ID 00000
  • Credits
    • 8.00
  • Credit Type(s)
    • Computer Software & Applications (Technical) (8.00)
  • Prerequisites
    • A basic understanding of financial statement audits

  • Vendor
    • ACPEN
  • Level
    • Intermediate
  • Fields of Study
    • Computer Software & Applications
  • Message
    • Virtual Experience

Description

What would you do if you only had one workday to complete a financial statement audit? How would you optimize just a handful of hours? What would you test? More importantly, what would you minimize or eliminate? Although one day is unrealistically short, it illustrates how risk-based auditing can help auditors optimize professional effort. This course emphasizes the importance of risk assessment for enhancing both the effectiveness and efficiency of audit procedures.



  • Presented by Thomas Stephens

    • Delivery Format: Live Webcast Replay

    Designed For

    Public accountants who perform audits or employees of organizations who are subject to audits

    Objectives

    • Understand the audit risk model
    • Perform risk assessments
    • dentify significant risks
    • Adopt a risk-based audit approach

    Highlights

    • The audit risk model
    • Risk assessment
    • Linking risks to audit procedures
    • Other responses to risks
    • Documentation

    Advanced Prep

    None

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    Leaders

    ACPEN Panel

    No Biography Available

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