This Governmental Audit Quality Center (GAQC) archived Web event titled, Risk Assessment for Audits of State and Local Governments (SLG), held on September 19, 2019, covers risk assessment from the perspective of auditors that perform audits of SLG financial statements. It informs participants about the application of risk assessment to SLG engagements and common peer review findings in this area. Topics covered include:
Level-setting risk assessment requirements;
Common misconception areas; and
Best practice tips.