Audit Risk Assessment Made Easy: Seeing What Others Miss

Are you tired of negative peer review comments? Do you want to decrease the time you have in your audits?

Understanding  risk assessment will enable you to plan and perform your audits in less  time and with greater effectiveness. And it will help you pass peer  review.

From the author of The Why and How of Auditing.

You will learn:
- how to use preliminary analytics
- how to perform internal control walkthroughs
- how to gain an understanding of the entity
- how to assess inherent risk, control risk, and the risk of material misstatement
- how to assess risks at the assertion level
- how to link your audit procedures to your risks of material misstatement
- how to select your audit responses: test of details, substantive analytics, test of controls