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Through the peer review program, the AICPA has identified risk assessment as a major area of noncompliance for audits. As a result, this will be a major focus area for peer reviews for the next several years and the AICPA has indicated they intend to be very strict on compliance.
In order to prepare for this, Jeff Sailor has created this focused webcast to cover all the major aspects of risk assessment. Jeff will bring his truly unique presentation style to cover everything you need to know, including proper documentation. In addition, he will include his signature video parodies, which are designed to keep you awake and reinforce the material.
Upon successful completion of this course, the participant should be able to:
- Describe the issues found in peer reviews
- Apply proper risk assessment in an audit
- Apply the documentation requirements
- Describe the tools provided by the AICPA
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