Skip to main content

Audit Planning and Risk Assessment for External Auditors

Available Until

**OnDemand**

4.0 Credits

Member Price $48.00

Non-Member Price $88.00

Highlights

Pre-Engagement Acceptance Activities (AU-C 210 and AS 1010), Planning an Audit (AU-C 300, AS 2101, and AS 1210), Understanding the Entity and Assessing Risks (AU-C 315 and AS 2110), Audit Risk and Materiality (AU-C 200, AU-C 320, AU-C 450, AS 1101, and AS 2105), Analytical Procedures (AU-C 520 and AS 2305), Consideration of Fraud in a Financial Statement Audit (AU-C 240 and AS 2401), Consideration of Laws and Regulations in an Audit (AU-C 250 and AS 2405), Audit Documentation (AU-C 230 and AS 1215)

Prerequisites

None

Objectives

After completing this course, you will be able to (1) determine whether the requirements for pre-engagement acceptance have been met, (2) recognize the elements of an overall audit strategy and audit plan, (3) obtain an understanding of the entity and assess risks, (4) identify the components of audit risk and materiality and their effects on the application of GAAS in financial statement audits, (5) identify appropriate sources of information to develop expectations for applying analytical procedures, (6) answer technical questions about the auditor’s responsibilities for detecting fraud and noncompliance with laws and regulations, and (7) discern sufficient appropriate audit documentation.

Non-Member Price $88.00

Member Price $48.00