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Surgent's Performing an Effective Audit Risk Assessment

 Various
 
4.0
Registration is Open
Member Price
$159.00 Regular Registration
Your Price
$167.00 Regular Registration
This course is being offered on multiple dates, listed below. Click the Register button next to your preferred date to register.
 Tue, 09/23/2025 from 9:00 am to 12:30 pm
 Wed, 10/15/2025 from 1:00 pm to 4:30 pm
 Fri, 11/14/2025 from 1:30 pm to 5:00 pm
 Fri, 12/12/2025 from 9:00 am to 12:30 pm
 Wed, 12/31/2025 from 1:00 pm to 4:30 pm
 Wed, 02/25/2026 from 1:00 pm to 4:30 pm
 Tue, 03/10/2026 from 9:00 am to 12:30 pm
Designed For:

All auditors involved in applying the risk assessment requirements

Prerequisite:

None


Recent feedback from the AICPA has emphasized the importance of performing an effective risk assessment to identify and evaluate the risk of material misstatement in a financial statement audit. SAS 145, the 2023 amendment to AU-C 315, makes significant changes to the extant risk assessment standard and certain changes to other standards as well. The amendments clarify confusion that the AICPA believes auditors experienced under the existing standard and also conforms, for the most part, to the IAASB standard on the same topic. SAS 145 has been effective for two years now starting with December 31, 2023 audits.
This course will focus on how to perform the risk assessment process under the new standard, providing participants with a summary of the changes to existing guidance. It will discuss linking the results of the risk assessment to further testing (internal control and substantive testing) and procedures performed in concluding on the evidence obtained. In addition, it will also discuss documentation and audit communications.

Delivery Method: Individual webcast
CPE Credit: Auditing
Program Level: Basic

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Objectives

  • Recall key concepts in the risk assessment standards, including various requirements
  • Recognize how to implement the standards in practice
  • Identify approaches to comply with professional standards while auditing in a virtual environment

Speakers

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.