The Impact of SAS No. 145 on Risk-Based Audits
Available Until
On Demand Only
2.00 Credits
Member Price $59.00
Non-Member Price $84.00
Overview
SAS No. 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, was written to improve the quality to risk-based audits. The concepts apply to financial statements audits, including those performed in accordance with Government Auditing Standards. This course will discuss the important clarifications and enhancements intended to improve audit quality.
Highlights
- New definitions and requirements related to identifying and evaluating risks of material misstatement per SAS No. 145
- Improved application of risk-based audit concepts for a higher-quality audit
Prerequisites
None
Designed For
Anyone with financial statement or compliance audit responsibilities
Objectives
- Identify clarifications and enhancements made to the risk-based audit process post-SAS No. 145
- Recognize core concepts fundamental to high quality risk-based financial statement audits
Preparation
None
Non-Member Price $84.00
Member Price $59.00