Self-Study: Surgent's Implementing the New Risk Assessment Standard

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.

Highlights

• 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

Prerequisites

Basic auditing experience

Designed For

All auditors

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

  Preparation

  None

  Notice

  On-Demand Webcast