Identifying & Assessing Risk of Material Misstatement
- All levels
- 18 and older
- $590.58
- Live Online
- 4 hours
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The IAASB published the revised risk identification and response auditing standard, ISA315(R): Identifying and Assessing the Risk of Material Misstatement in December 2019. The standard is applicable for audits of periods beginning on or after 15 December 2021.
The revision to this standard is a result of numerous quality-related findings and correlating observations in the profession of the need for more robust revisions to the standards relating to quality, professional skepticism and consistency in application. Both the standard and the related application material, and conforming amendments to related standards, have been made to enhance the user’s understanding of “what” needs to be done – moving from principles to more direct guidance and clarification.
As with other recent and current revision projects, this standard has also been revised to incorporate scalability and modernization of systems and technology.
This short course is designed to provide the auditor with an in-depth understanding of the requirements of the new standard and examples of practical application. A proper understanding of these principles will enable audit planning to bring improved quality to audit responses to risk, as well as audit efficiencies in directing audit resources to respond to risk and not to areas that do not need as much auditor time and attention.
At the end of this course participants will:
Who Should Attend
Prerequisites
A reasonable understanding of auditing. No advance preparation is required for this course.
This course is available for "remote" learning and will be available to anyone with access to an internet device with a microphone (this includes most models of computers, tablets). Classes will take place with a "Live" instructor at the date/times listed below.
Upon registration, the instructor will send along additional information about how to log-on and participate in the class.
Get quick answers from CourseHorse and past students.
Whatever your requirements are for training in international accounting, you can be assured that IASeminars are ready to deliver. Offering topics such as IFRS, US GAAP, IPSAS, Management Accounting and Banking Regulation, here at IASeminars we are passionate about helping you progress your professional...
This school has been carefully vetted by CourseHorse and is a verified Online educator.
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