- NY Credits : 2.0
- TX Credits : 2.0
Lee Ann Watters, CPA, CGFM discusses the audit risk assessment suite, financial statement assertions and the tying of the auditors risk assessment to the appropriate procedures.
Upon successful completion of this course, the user should be able to:
identify the relationship between inherent risk, control risk, and detection risk;
identify the purpose of the Risk Assessment Suite;
identify the audit guidance on audit evidence;
identify the categories of assertions; and
identify the assertions to test for presentation and disclosure.