2024 Instant Audit? Just Add Risk Assessment
Wednesday, June 05, 2024
Webcast or Webinar, Online
11:00AM - 11:55AM (opens at 10:30AM) EST
1Credits
Accounting and Auditing
Registration is Open
Members
$39.00 Regular Price
Non-Members
$59.00 Regular Price
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$20.00 Members / $28.00 Non-Members
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Course Type: Webcast
Course Code: 24/AC088025
Level: Intermediate
Vendor: ACPEN
Field of Study: Auditing
Overview:
What would you do if you only had one workday to complete a financial statement audit? How would you optimize just a handful of hours? What would you test? More importantly, what would you minimize or eliminate? Although one day is unrealistically short, it illustrates how risk-based auditing can help auditors optimize professional effort. This course emphasizes the importance of risk assessment for enhancing both the effectiveness and efficiency of audit procedures.
Objectives:
- Understand the audit risk model
- Perform risk assessments
- dentify significant risks
- Adopt a risk-based audit approach
Major Topics:
- The audit risk model
- Risk assessment
- Linking risks to audit procedures
- Other responses to risks
- Documentation
Major Topics:
- The audit risk model
- Risk assessment
- Linking risks to audit procedures
- Other responses to risks
- Documentation