Minnesota Society of Certified Public Accountants

1650 West 82nd Street, Ste 600
Bloomington MN 55431
Ph: 952-831-2707 Fax: 952-831-7875
www.mncpa.org

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22WX-2699: Risk Assessment: The Foundation of an Audit of a Live Event (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Date Tuesday, December 27, 2022

Time 5:00pm - 7:00pm
Central Time

Location Online

CPE credits CPE 2.0

Field(s)
of study Auditing - Technical (2.0)

Fees

Standard Member Fee	$79.00
Standard Nonmember Fee	$79.00

Description

This course considers the AICPA audit quality challenges related to audit risk assessment, including the risk assessment model, as well as identifying, assessing, and responding to audit risks. Take part in an in-depth review of the audit risk assessment process, with examples of potential risk areas and samples of tailored responses. Identify key changes proposed by the AICPA Auditing Standards Board project on risk assessment.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event

Who should take this program?

Auditors

Major subjects

AICPA Audit Quality Initiative audit risk assessment findings and areas of focus.
Audit risk assessment model.
Audit risk assessment process, including identifying, assessing, and responding to audit risk.
Examples of potential risk areas and responses.
Required risk assessment documentation.
AICPA Auditing Standards Board audit risk assessment project.

Learning objective(s)

Recall the risk assessment process.
Identify specific examples and resources that firms can use to ensure compliance with important standards.
Recognize the risk assessment deficiencies commonly noted in connection with peer review.
Ensure that audit work is tailored to the key audit risks and in compliance with the AICPA audit risk assessment standards.