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Making Risk Assessment Work Connecting Risk With Procedures

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Alexandria

8.00 Credits

Member Price $359.00

Price will increase by $50 after 8/20

Non-Member Price $459.00

Price will increase by $50 after 8/20

Overview

AU-C 315, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, has been revised and the effective date is periods ending on or after December 15, 2023. After 15 years of risk assessment requirements, many auditors still struggle with applying the standards and connecting their judgments about risks with the extent of the auditing procedures necessary.

Designed For

Partners and managers responsible for planning and supervision of engagements, and audit staff members who are responsible for performing risk assessments and related audit documentation and the design of audit procedures.

Objectives

To enable participants to understand and apply the requirements of Generally Accepted Auditing Standards in the risk assessment process and to confidently design audit procedures that are consistent with those assessments.

Preparation

None

Leader(s):

Leader Bios

J. Inzina, J Michael Inzina, CPA, CGFM, CGMA

J. Michael Inzina is founder and CEO of Audit Litigation Training and Efficiency Consulting, Inc. (ALTEC), a consulting company serving public accounting firms and other accounting and auditing organizations on matters of audit efficiency, continuing education, litigation and ethics.

Mike has been named Outstanding Instructor by the American Institute of CPAs and several state societies 13 times, and has served on several national committees, including: AICPA Professional Ethics Executive Committee, Auditing Standards Board, AICPA Independence and Behavioral Standards Subcommittee and Governmental Technical Standards Committee.

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Non-Member Price $459.00

Member Price $359.00