What's Changing in Risk Assessment
$50
SAS 145, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement, was issued in October 2021. The audit standard amends AU-C 315, including many changes to address common audit deficiencies. This course will provide an overview of SAS 145 and its changes to AU-C 315. Attendees will have an opportunity to evaluate the impact on audit methodology and documentation.
Upon completing this course, learners will be able to:
Recall changes to risk assessment requirements
Identify the impact of SAS 145 on audit methodology
CPE Credits:
2.5
Program Level:
Update
