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SAS No. 122, AU 315, Understanding the Entity and Its Environment and Assessing the Risk of Material Misstatement

 Tue, 03/16/2021 from 12:00 pm to 3:00 pm
 Online
 
3.0
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Registration is Open
Member Price
$99.00 Regular Registration
Your Price
$129.00 Regular Registration
Designed For:

External and Internal Auditors; Fraud Examiners

Prerequisite:

None

This presentation is an overview of the statement.  An auditor may perform an audit in accordance with all of the standards (except AU 315) and still perform a substandard audit.  If one does not know the usual types of transactions an entity has, one will not recognize an unusual transaction because they failed to obtain an understanding of the entity and the environment it operates in.  Even the environment an entity operates is can create risk of a material misstatement that the auditor must be aware of.  This program addresses the many procedures an auditor is required to perform and document relating to his/her understanding of the entity and its environment.


Delivery Method: Individual webcast
CPE Credit: Auditing
Program Level: Intermediate
Related Events

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.