Please note: This course must be completed by Tuesday, December 31, 2024 at 11:59 pm ET. Please complete the course AND submit credit before the deadline. Save a copy of your Certificate of Completion for your records. Once submitted, your CPE hours will also reflect in your official CPE transcript.
The AICPA has determined that 1 in 10 audit firms are not compliant with the risk-assessment standards. This course will discuss how to properly identify risks and assess risk under AU-C 315. We will then review how to respond to identified risks under AU-C 330. The course will focus on the audit risk model and cover both inherent risk and internal controls. We review common deficiencies and how a proper risk assessment drives a more efficient and effective audit.
Event Level: Basic
Who Should Attend: CPAs in Public Practice
Required Knowledge: None
Advanced Preparation: None
Vendor: Galasso Learning Solutions
Speaker: Melisa F. Galasso, CPA