Introducing the New Risk Assessment Standard

1 Credits: Auditing


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Introducing the New Risk Assessment Standard

Course Level
CPE Credits

1 Credits: Auditing

Course Description

With the Auditing Standards Board’s recent major updates to risk assessment, a critical area in auditing, professionals face the impending challenge of adapting to these changes, which are soon to become a primary focus in peer reviews. This course, led by Jeff Sailor with his unique and engaging presentation style, tackles this imminent transition. It agitates the urgency and complexity of understanding and implementing the new risk assessment requirements, particularly the emphasis on proper documentation. As a solution, the course offers a comprehensive exploration of the updated standards, ensuring participants are fully equipped for the upcoming changes. Jeff’s signature video parodies, incorporated into the course, not only make learning more enjoyable but also reinforce the material effectively. This course is a must for auditors seeking to stay ahead in their field, ensuring readiness for the new risk assessment requirements and potential peer review scrutiny.

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Learning Objectives

Upon successful completion of this course, the participant should be able to:

  • Identify the new focus areas for risk assessment in an audit
  • Apply the standards for preparing proper documentation
  • Describe the potential peer review issues
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Course Specifics

Course ID
Revision Date
July 5, 2022


Advanced Preparation


Compliance Information

NASBA Provider Number: 103220

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

Meet The Experts

Jeff Sailor Headshot

Jeff Sailor, CPA, received a master’s degree in accounting from the University of Florida. Upon graduation, he joined the auditing staff at Peat Marwick in Jacksonville, Florida, where he worked on a large number of national accounts. Jeff has managed his own accounting firm in Ocala, Florida, since 1984. During that time, he has also developed unique auditing approaches and auditing software. Since 1992, Jeff has been teaching accounting and auditing courses he developed to combat traditional “boring CPE.” Using a variety of creative teaching methods sprinkled with humorous video spoofs, Jeff is able to combine his in-depth accounting insights …

Jeff Sailor, CPA Read More »