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

  1. 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.
  2. We recommend you log in early to ensure you are ready to go when the presentation begins.
  3. 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
Your Price: $89.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.