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Best Practices for Identifying and Evaluating Audit Risk (Self-Study Video)
2 Credits: Auditing
$98.00
Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
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Best Practices for Identifying and Evaluating Audit Risk (Self-Study Video)
Format
Self-Study Video
Course Level
Intermediate
CPE Credits
2 Credits: Auditing
Course Description
Properly identifying, assessing, and responding to risk through a detailed audit plan is critical to an effective and efficient financial statement audit. This module will emphasize the key concepts and best practices that drive a thoughtful risk-based approach to forming an opinion on the financial statements.
Learning Objectives
Upon completion of this course, participants will be able to:
- Explain the importance of risk assessment to a high-quality audit;
- Recall the audit risk formula, including how the elements relate;
- Identify the steps and best practices of an effective risk assessment process; and
- Link risk to a detailed audit plan.
Course Specifics
SSVID924389701
July 25, 2024
Familiarity with SASs.
None
Compliance Information
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
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Jennifer F. Louis, CPA has over 25 years experience in designing and instructing high-quality training programs in a wide variety of technical and “soft skills” topics needed for professional and organization success. In 2003 she founded Emergent Solutions Group, which is dedicated to meeting organization’s professional training needs on a project or part-time basis. Jennifer serves a wide variety of clients, including public accounting firms, state CPA societies, private industry corporations, and public sector agencies.Previously Jennifer served as the Director of Audit Product Development at Surgent Professional Education for three years. Prior to that, Jennifer was Executive Vice President/Director of …
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