Surgent's Implementing the New Risk Assessment Standard
Wednesday, August 21, 2024
Webcast or Webinar, Online
10:00AM - 12:00PM (opens at 9:30 AM) EST
2Credits
Accounting and Auditing
Registration is Open
Members
$99.00 Regular Price
Non-Members
$129.00 Regular Price
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Course Type: Webcast
Course Code: 24/SURAS215
Level: Intermediate
Vendor: Surgent
Field of Study: Auditing
Overview:
The auditor's responsibilities related to risk assessment have changed! This power-packed course will empower you with the working knowledge of SAS No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, to successfully apply the standard.Objectives:
- Understand and prepare for the 2023 calendar year-end implementation of SAS No. 145 on risk assessment and two highly-related SASs related to auditing accounting estimates and compliance auditing (i.e., SAS Nos. 143 and 148)
- Recognize the effects of SAS Nos. 144, 146, and 147, which are also on the short-term implementation horizon
Major Topics:
- The performance of risk assessment procedures to attain the knowledge needed to assess risk
- How the auditor identifies and assesses the risks of material misstatement
- The new “stand-back” requirements related to risk assessment
Major Topics:
- The performance of risk assessment procedures to attain the knowledge needed to assess risk
- How the auditor identifies and assesses the risks of material misstatement
- The new “stand-back” requirements related to risk assessment