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Event Description

The AICPA has identified that one in ten audit firms are not compliant with the risk assessment standards. This course will discuss how to properly identify risks and assess risk under AU-C 315. We’ll then discuss how to respond to identify risks under AU-C 330. The course will focus on the audit risk model and focus on both inherent risk and internal controls.

Learning Objectives
• Recite audit risk model
• Perform risk assessment procedures compliant with the audit standards

Discussion Leader

Peter Delvicchia, CPA