Webinar: Risk Assessment for Small Business Audits
WC107 | Course | Intermediate | Scheduled
Description
Auditing standards require auditors to assess risk-including controls-and use that assessment as a foundation for performing the audit. Risk assessmen
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Auditing |
Designed For
Individual auditors and audit teams who wish to improve the effectiveness and efficiency of their engagements. Audit firms that have identified weaknesses in their audit risk assessment process.
Prerequisites
Basic understanding of the audit risk model.
Highlights
The major topics that will be covered in this class include:
Each element of the risk assessment process:
- Understanding the client's business and industry in which it operates
- Internal control
- Assessing the magnitude and likelihood of risk
- Linking risk assessment to substantive audit procedures
Objectives
After attending this presentation you will be able to...
- Identify characteristics of the client's business and industry that are most relevant for assessing audit risk
- Identify the client's key controls and assess their ability to mitigate risk
- Link the elements of the risk assessment model to an overall assessment of risk and the design of further audit procedures.
Preparation
None
Notes
Webinar Day - HELP and Assistance Instructions
- The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
- We recommend you log in early to ensure you are ready to go when the presentation begins.
- IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.
Prices
- Member (Early Bird)
- $89.00
- Non-Member (Early Bird)
- $89.00
- Member
- $89.00
- Non-Member
- $89.00