New Staff: Core Concepts- Introduction to the Audit Risk Model
This CPE course will explain the audit risk model and discuss how it is used at the onset and throughout the audit.
NASBA Field of Study
Lynford Graham, Tom Noce
This CPE course can be purchased individually or as part of the Audit Staff Essentials – New Staff: Core Concepts staff training bundle.
Understand the audit risk model and how it is used at the onset of and throughout the audit process.
Learn how the audit risk model works as a tool that can help peer reviewers and inspectors determine the sufficiency of procedures performed.
Understand how engagement teams can do a better job of documenting their work when they consider the structure of the audit risk model and how evidence regarding procedures and findings is tabulated.
- Recently onboarded staff
- First-year staff
- Firms that want consistent training and level setting
- Relevant professional standards
- The audit risk model
- Considerations and cautions
- Audit strategy
- Recall the audit risk model and its elements and how the audit risk model combines risk to assess overall audit risk.
- Recall the relationship between audit strategy and the audit risk model.
Group ordering for your team
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