| * RECENTLY EXPANDED* Implementing the New Risk Assessment Audit Standards (INRS) |
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Monday, 21 May 2012, 08:30 - 16:30
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Course Level: Basic
Pre-requisites: Basic knowledge of generally accepted auditing standards and SASs 104 - 111.
Certificate: 8 CPE credits
Registration starts at : 8:00 a.m.
Costs: $175 - Government if paid before 05/01/2012 - Late registration $200
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Course Description:
* RECENTLY EXPANDED*
Implementing the New Risk Assessment Audit Standards (INRS)
Auditors who desire a thorough understanding of the impact of the AICPA’s new Risk Assessment SAS’s on the performance and documentation of their audits
Objective: To enable practitioners to understand and efficiently implement the requirements of AICPA SAS’s 104 – 111.
· Key concepts in the auditor’s risk assessment process
· Overview of the eight risk assessment SAS’s
· Discusses proposed revisions representing the selected redrafted versions of the risk assessment SAS’s
· Understanding the entity and its environment
· Audit strategies and audit plans
· Planning and performing risk assessment procedures
· Performing further audit procedures
· Evaluating audit findings and audit evidence
· Discuss example documentation techniques
Application of I/C concepts to small & midsized entities
Includes case exercise involving risk assessments for a small municipality.
Reviews recently issued AICPA Technical Practice Aids addressing inherent risk, control risk and internal control
Instructor: Paul H.Koehler
* Has his own CPA firm in Lincoln, Nebraska
* Spends 100% of his time in Government/Nonprofit Accounting and Auditing
* Provides auditing,training and consulting services nationwide
* Past President of the Lincoln Chapter, Association of Govenment Accountants
* Frequent spekaer on government/nonprofit topics at conferences and training courses throughout the United States, Puerto Rico and the U.S. Virgin Islands
* Recipient of the Nebraska Society of CPA's Discussion Leader Award of Excellence for numerous years, including the 2002 Highest Rated Presenter Award
* Florida Institues of CPA's Outstanding Discussion Leader
* AICPA Outstanding Instructor Award recipient
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Location : Marriott Rancho Cordova, 11211 Point East Drive Rancho Cordova, CA 95670 |
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