2024 SAS 145: Modern Risk-Based Auditing

This program provides in-depth coverage of SAS 145, a major standard that helps auditors enhance risk assessment procedures through improved techniques for identifying and assessing risks of material misstatement. This session is essential for CPAs that perform audits. The discussion will also be insightful for auditees and other professionals who want to maintain awareness of current auditing guidance.

Presented by Bernie Smith

• Delivery Format: Live Webcast Replay

CPAs in public practice who want to maintain proficiency by incorporating the provisions of SAS 145 and other techniques for enhancing audit quality by improving risk assessment

• Recall elements of audit risk
• Be able to identify significant risks
• Forumlate audit procedures to address risks
• Recall the most salient elements of SAS 145
• Assess significant risks using the inherent risk spectrum
• Recognize the importance of documentation

• Introducing SAS 145
• Revisiting audit risk
• Risk assessment in the SAS 145 Era
• Analyzing SAS 145
• Documentation requirements

None