Price:
Free
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Lynette Badenhorst
Duration:
180 Minutes
Additionals:
Free
Level:
Auditing Professionals
Sub-level:
Auditing
Lecturer:
Lynette Badenhorst
Duration:
180 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
There are 6 different risk assessments that must be performed in every audit – each with its own requirements – and each must be documented in a specific manner to comply with ISA 315 and ISA 240.
What You Will Learn:
- The 6 different risk assessments required by the standards
- How to properly document each one in your audit files
- How to use the results of the risk assessments to create
- Risk Zones
- The specific responses that apply to each zone
- How to ensure that every line item in the financial statements end up in the correct zone
- Risk assessment drives your entire audit approach – get it right, and your audit files will comply.
This training forms part of the Audit Training Toolkit Hub.
After the session, there will be a short demonstration of the Toolkit and the audit working paper templates, showing how Probeta Training can help your firm achieve compliance with the auditing standards.