Learn about the risk assessment procedures needed to understand an entity’s system of internal control, inherent risk factors, and audit documentation requirements.
Learning Objectives
Upon completion of this course, you will be able to: • Recognize the risk assessment procedures.
• Identify inherent risk factors.
• Recall guidance addressing technology, the assessment of control risk and the regulatory environment.
• Identify audit documentation requirements.
Major Topics
Learn about the risk assessment procedures needed to understand an entity’s system of internal control, inherent risk factors, and audit documentation requirements.