- NY Credits : 8.0
- TX Credits : 8.0
Companion to PPC's Guide to Audit Risk Assessment - Course 1 - Assessing and Responding to Identified Risks, Further Audit Procedures, and Other Matters (GRATG171)
Identify an appropriate approach to performance materiality, and the concept of financial statement assertions.
Identify ways to synthesize information to identify risks of material misstatement at the relevant assertion level and then assess those risks.
Recognize a practical approach to preparing a detailed audit plan for the engagement.
Determine the appropriate procedures for tests of controls.
Recognize how to evaluate tests of controls and assess control risks.
Identify the best methods for dealing with substantive procedures.
Lesson 1—Assessing and Responding to Identified Fraud Risks—Developing the Detailed Audit Plan
Lesson 2—Further Audit Procedures and Other Matters