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Previously titled: Applying Risk Assessment Standards to Smaller Business Audits
Review critical audit risk assessment requirements and examine detailed examples and models that demonstrate how such requirements may be implemented in practice. Obtain valuable resources that enable auditors to scale documentation of risk assessment and other procedures for audits of financial statements specifically to suit the needs of smaller, less complex entities. These examples and models may be applied to audits of both commercial and not-for-profit entities.
This course describes and discusses in full detail the risk assessment requirements, demonstrates how to implement them in practice, and apply them to smaller, less complex entities.
Advanced Preparation: None