Audit Staff Essentials - Experienced In Charge or Senior: Risk Assessment and Advanced Considerations for the System of Internal Control
Senior auditors can review key risk assessment considerations, internal control systems, control testing, control deficiencies and remedies, and conclude on peer review findings related to controls.
Format
Online
NASBA Field of Study
Auditing
Level
Intermediate
CPE Credits
2.5
Author(s)
AICPA and CIMA staff
Availability
1 year
Product Number
ASE4RAS25SSO
Understanding risk assessment
You can deepen your understanding of risk assessment by reviewing key concepts, including:
- The system of internal control
- Identifying and testing automated and IT general controls
Deficiencies decoded
You can also learn more about deficiencies by exploring topics, such as:
- Identifying common deficiencies
- Assessing severity of deficiencies
- Aggregating found deficiencies
- Understanding the impact of compensating and monitoring controls
Preventing reoccurrence
Additionally, you can learn ways to consider common peer review and inspection findings with regard to internal controls to prevent reoccurrence.
Who Will Benefit
In charge and experienced audit staff with more than two to three years of audit experience
Key Topics
- Risk assessment and the system of internal control
- Testing IT general controls and automated controls
- Deficiencies in automated and IT general controls
- Common peer review and inspection findings
Learning Outcomes
- Identify the key considerations regarding risk assessment, including with respect to the system of internal control.
- Identify the considerations for identifying and testing automated and IT general controls.
- Analyze information regarding deficiencies, including levels of severity and special deficiencies.
- Identify common deficiencies and considerations for automated and IT general controls.
- Analyze common peer review and inspection findings to avoid them.
Group ordering for your team
2 to 5 registrants
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Start order6+ registrants
We can help with group discounts. Email client.support@aicpa-cima.com
US customers call 1-800-634-6780 (option 1)
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