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Revised Guidance for Assessing & Responding to Financial Statement Audit Risk - NEW
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| Date |
September 16, 2010
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| Location | German American Society, Omaha, NE |
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| Course Time |
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8:30 a.m. to 4:30 p.m. |
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This course is designed to enable practitioners to understand the revised guidance on the AICPA SAS's 104-111.
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| Course Highlights & Objectives |
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Application of I/C concepts to small & mid-sized entities. Audit strategies and audit plans. Discuss example documentation techniques. Discusses proposed revisions representing selected redrafted versions of the risk assessment SASs. Evaluating audit findings and audit evidence. Includes case exercise involving risk assessments for a small municipality. Key concepts in the auditor's risk assessment process. Overview of the eight risk assessment SASs. Performing further audit procedures. Planning and performing risk assessment procedures. Reviews recently issued AICPA Technical Practice Aids addressing inherent risk, control risk and internal control. Revised Risk Assessment Audit Guide as of October 1, 2009. Understanding the entity and it's environment.
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| Who Should Attend |
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| Auditors who desire a thorough understanding of the revised AICPA's Guidance for Risk Assessment SAS's and the impact on the performance and documentation of their audits. |
| Course Level | Basic/Intermediate |
| Prerequisites | Basic knowledge of generally accepted auditing standards and SASs 104-111. |
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| Discussion Leader | Paul H. Koehler, CPA |
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| Additional Information: |
Parking is available on site and lunch is provided. |
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| Fee |
$215 - Society Member $245 - Society Nonmember |
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