Critical insights for conducting SAS No. 145 risk assessments in your governmental financial statement audits are available. For those who audit state and local governments, it is vital to understand changes to the risk assessment process, risk assessment under SAS No. 145, and related new concepts.
The rebroadcast of “Implementing the Risk Assessment Standards in Your State and Local Government Financial Statement Audits” discusses key topics such as the design, implementation, and operating effectiveness of internal controls and state and