Webinar: Audit 105: The Audit Risk Model - Foundational Principles
WC608 | Course | Basic | Scheduled
Description
The Audit Risk Model - Understanding Foundational Principles is a critical foundational course. Financial statement auditors are engaged to provide r
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Auditing |
Designed For
Professionals requiring knowledge of fundamental audit concepts
Prerequisites
None
Highlights
The major topics covered in this course include:
- The reason that entities engage a financial statement audit
- The applicable financial reporting frameworks available
- The various phases of a financial statement audit
- Evaluating and documenting audit risk, both at the overall and relevant assertion level
- Case study differentiating high-risk audit engagements and higher-risk audit areas
Objectives
Upon completion of this course, you will be able to...
- Identify the basis for an audit
- Recall the auditor's professional responsibilities
- Differentiate the responsibilities of reporting entity management and auditors
- Recognize important audit concepts, such as materiality
- Recall the foundational principles of the audit risk formula
- Identify considerations when Identifying and assessing risk of material misstatement
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