January 10, 2025

Webinar

2 CPE

Webinar (CPA Crossings): Audit 202: Applying Audit Risk to the Detailed Audit Plan 🗓️

January 10, 2025
Webinar
2 CPE

Webinar (CPA Crossings): Audit 202: Applying Audit Risk to the Detailed Audit Plan 🗓️

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    Instructor

    Jennifer
    Louis

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    Jennifer Louis, CPA

    Bio

    Jennifer focuses her energy on designing and delivering high-quality and engaging accounting and auditing training. Prior to founding Emergent Solutions Group, LLC, she was Director of Audit Product Development at Surgent Professional Education.

  • 🗓️ View additional dates for this course

    Best Practices for Identifying and Evaluating Audit Risk
  • Linking Risk to the Detailed Audit Plan will emphasize the key concepts and best practices that drive a thoughtful risk-based approach to forming an opinion on the financial statements. Properly identifying, assessing, and responding to risk through a detailed audit plan is critical to an effective and efficient financial statement audit. Note: This course is recommended as a part of a 16-hour audit skills curriculum for experienced staff, while it is also appropriate for anyone who has the need to better understand how to link risk assessments to the detailed audit plan. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Learning Objectives

Upon completion of this course, you will be able to...

  • Recall the importance of risk assessment to a high-quality audit
  • Recognize the audit risk formula, including how the elements relate
  • Identify the steps and best practices of an effective risk assessment process
  • Link risk to a detailed audit plan

Major Topics

The major topics covered in this course include:

  • Overview of a risk-based audit process
  • How the individual elements of the audit risk formula interrelate
  • Emphasis on overall risk, fraud risk, and control risk
  • Linking the assessed risk of material misstatement to the detailed audit plan
  • Documenting risk assessment conclusions and responses

CPE Credits Available

2 CPE
2
Auditing

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Accounting & Auditing

Prerequisites

None

Advanced Preparation

This webinar is produced by CPA Crossings. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

Accountants who must identify, assess and respond to risk through a detailed audit plan on a financial statement audit.

Provider

CPA Crossings, LLC

This event has ended.