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Surgent's Implementing the New Risk Assessment Standard - On-Demand Webcast

Start Date
Wednesday, May 1 2024
End Date
Wednesday, April 30 2025
Credit Hours
2.00
Fields of Study
Auditing
Type
Seminar
Level
Intermediate
Member
$89.00
Non-Member
$110.00
Facility Location
Virtual Learning
Company
SELFS
Vendor
Surgent McCoy CPE, LLC
Status
Self Study

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Description

The auditor's responsibilities related to risk assessment are changing at the end of 2023! This power-packed webinar 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. This course will also discuss two highly-related standards (i.e., SAS Nos. 143 and 148) which auditors will be implementing at the same time.

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 (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 Subjects

  • 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