- NY Credits : 8.0
- TX Credits : 8.0
Companion to PPC's Guide to Audits of Local Governments - Course 3 - Risk Assessment Procedures and Planning (ALGTG183)
This interactive self-study course examines the risk assessment procedures and planning associated with the audit of a local government. Lesson 1 discusses risk assessment and other planning procedures, as well as obtaining an understanding of the entity, its environment, and its internal control. Lesson 2 takes a look at understanding both entity-level and activity-level controls; making planning decisions and judgments; the consideration of fraud, laws, and regulations; general planning procedures; and planning the audit time estimate.
Course Expiration Date: April 30, 2019
Please note, the grading fee for answer sheets submitted by regular mail is $105.
Identify the risk assessment and other planning procedures that are appropriate for the audit of a local government.
Determine the best method for obtaining and understanding of a governmental entity and its environment.
Recognize the elements necessary for an understanding of a governmental unit's internal control.
Determine how best to obtain an understanding of a governmental unit's entity-level and activity-level controls.
Identify the planning decisions and judgments that are made during the audit of a local government.
Assess issues that might arise during a governmental audit, including those related to fraud, laws and regulations, generally planning procedures, and the audit time estimate.
Lesson 1—Risk Assessment and Other Planning Procedures, Understanding the Entity and Its Environment, and Understanding Internal Control
Lesson 2—Understanding Entity-level and Activity-level Controls, Making Planning Decisions and Judgments, Considering Fraud, Considering Laws and Regulations, General Planning Procedures, and the Audit Time Estimate