Webinar: The Role of Internal Control in the Risk-Based Audit
WC392 | Course | Intermediate | Scheduled
Description
This program addresses the role of client internal controls for balancing efficiency and effectiveness in a risk-based audit. Practical insights regar
Credits
| Number of Credits | Type of Credits |
|---|---|
| 4.00 | Auditing |
Designed For
CPAs in public practice and members in industry.
Prerequisites
Basic working knowledge of the audit process.
Highlights
The major topics that will be covered in this course include:
- Specific matters auditors should consider when obtaining and documenting an understanding of the client's internal control system
- Development of a tailored audit approach that considers the potential reliance on internal controls
- Guidance for establishing an adequate basis for reliance on internal controls of less formal, smaller clients
Objectives
After attending this presentation you will be able to...
- Identify minimum understanding and documentation requirements if the auditor does not intend to rely on internal controls.
- Recognize internal controls of less-sophisticated, small-to-medium sized audit clients.
- Utilize identified internal controls for an efficient, risk-based approach to audits conducted in accordance with generally accepted auditing standards.
- Document your procedures and related conclusions
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)
- $149.00
- Non-Member (Early Bird)
- $149.00
- Member
- $149.00
- Non-Member
- $149.00