2024 Risk Assessment – A Common Deficiency (1 hour)

Overview

The AICPA has determined than 1 in 10 firms are not compliant with the risk assessment standards. This course will discuss how to properly identify risks and assess risks under AU-C 315. We will then review how to respond to identified risks under AU-C 330. The course will focus on the inherent risk model. We will also review common deficiencies and how a proper risk assessment can drive a more efficient and effective audit.

Highlights

• Risk Assessment
• Common Deficiencies

Prerequisites

Prior experience with AU-C 315

Designed For

Accounting professionals

Objectives

• Recognize the audit risk model 
• Perform risk assessment procedures compliant with the audit standards

Notice

“Adding to Calendar” does not register you for this event. Please either register online by clicking “Add to Cart” or contacting OSCPA at 503-641-7200 / 800-255-1470, ext. 3. Thank you!