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Understanding the Risk Assessment Audit Standards  The Risk Assessment Audit Standards (SAS 104-111) require external auditors to understand an organization’s vulnerability to the risk of material misstatement of financial statements. Because auditors must apply a risk assessment methodology, the change in audit approach is extensive.
The standards are in effect this fiscal year for the vast majority of colleges and universities. Join this program to enhance your understanding of the standards and become better prepared for this upcoming audit season.
What You Will Learn:
- Learn how the standards affect your external auditor’s strategies
- Explore audit processes that will change
- Grasp the relationship between these standards and others, for example SAS 99 (Fraud) and SAS 112 (Internal Control Matters)
- Understand new terminology changes (such as audit and substantive procedures and reliability of audit evidence)
- Identify audit planning actions you may be missing
Who Should Participate?
- Controllers
- AVPs of Finance and Administration
- Internal auditors
- Audit committee members
Meet the Presenters:
- Cynthia Pierce, Crowe Chizek and Company LLC
- Stuart Miller, Crowe Chizek and Company LLC
Course Information:
- Course Level: Advanced
- CPE Field of Study: Accounting
- Length: 100 minutes
- Prerequisites: none
- CPE Credits: 2
Fees
| Member: |
$159.00 |
| Non-member: |
$189.00 |
Time
Available on-demand at any time.
Length
Approximately
100
minutes
Technical Requirements
- Windows 9x/NT/2000/XP (Mac and Linux are not supported)
- IE 5.0 or Higher (Netscape is not Supported)
- Windows Media Player 6.01 or Higher (May have some issues with versions below 7.0)
- To successfully view this program you must first follow the Test Your System link located on the Event Help Guide
Customer Support Center:
Technical Issues with Webcasts
Call 1.800.462.4916 to speak to Customer Support.
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