Application of the Risk Assessment Standard

Course Information

Title:	Application of the Risk Assessment Standard
Category:	Accounting and Auditing
Field of Study:	Auditing
Course Code:	M315
CPE Credits:	2.0
Price:	19.95

Description

Description:

Auditors need to know how their risk assessment responsibilities have changed! After taking this course, you will be empowered with the working knowledge of SAS No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, to apply the standard with confidence.

Delivery Method: Online Interactive Self Study

Level: Intermediate

Prerequisites: None

Advanced Preparation: None

Course Details

Category: Accounting and Auditing

Field of Study: Auditing

Passing Score: 70%

Technical Details: Auditing: Technical

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Objectives

Objectives:

Understand your responsibility to identify and assess the risks of material misstatement in the financial statements;
Become comfortable with the concepts of inherent risk, control risk, relevant assertions, significant risks, and more; and
Skillfully apply the new concepts in SAS No. 145 as you plan and perform audits

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Profession

NASBA: Yes

QAS: Yes

CPA: Suitable for all CPAs.

IRS: No IRS credit for Enrolled Agents.

Profession Identifiers: CPA