|
Provided by: Lorman Education Services Statement on Auditing Standards No. 104 - No. 111 Risk Assessment Standards |
 |
Training
Provided by Lorman Education Services
nThis teleconference will provide experienced and inexperienced auditors a concise summary of the risk assessment standards. In addition, this will provide auditors recommendations on how to become more efficient and effective in their application of these standards leading to less time required to implement the standards and a greater realization on audits. Since the majority of auditors may be working with smaller businesses, this teleconference will include situations encountered with companies that have limited controls and suggestions to meet the standards in this environment.
n
nFor nonauditors (for example controllers and CFOs), suggestions will be provided to implement controls using cost effective measures. This will include methods to perform a risk assessment and controls that can be implemented to address these risks. Performing an efficient risk assessment will allow you to reduce the risk of material misstatements and ultimately reduce the audit fees.
n
|
|
||||||||||
Statement on Auditing Standards No. 104 - No. 111 Risk Assessment Standards
Agenda
- Auditing Prior to the Risk Assessment Standards
- The Implementation of Risk Assessment Standards
- Summary of Standards
- Summary of SAS No. 104-111
- Audit Risk Alert
- Cost of Implementation and Recommendations to Reduce Cost
- Communication of Internal Control Deficiencies Identified
- Practical Applications
- Efficient Procedures
- Application to Small Businesses
- Lessons Learned
- Future of Risk Assessment Standards
- Public Company Accounting Oversight Board Proposal
- Convergence
- What s New
a. Old vs. New - A Perspective
a. Auditor-Based Cost
b. Entity-Based Cost
About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies.
Please use Priority Code 16175 when registering.
Lorman Education Services began offering continuing education seminars in 1987.
Lorman Education is dedicated to providing cost-effective training opportunities that...
