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Course Description

Risk Assessment Standards and the PPC Audit Process

 

Accounting & Auditing

(6 credits) $89.95

 

 

 

 

This interactive self-study course explains the risk assessment audit process and details changes to the Statements on Auditing Standards (SAS) that influence that process. In addition, this course covers audit procedures including tests of controls, making a control risk assessment, and substantive procedures.

 

Major Subjects:

bullet Identify changes to the audit process and terminology as a result of the risk assessment standards.
bullet List and apply the eight steps included in the PPC audit approach.
bullet Determine when tests of controls should be performed and identify efficiency opportunities in testing controls.
bullet Develop a control risk assessment.
bullet Select and apply appropriate substantive procedures.

 

Contributing Author:

Practitioners Publishing Company

Course Level: Basic
Prerequisite: Basic knowledge of auditing
ProductCode: 08RAAT
Format: NASBA QAS/Registry self-study

 

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