Provide an overview of the new risk assessment standards
Learning Objectives
- Upon completion of this session, you will:
- Gain a comprehensive overview of the new risk assessment standards, understanding the key principles and requirements introduced by these standards.
- Explore the implications for auditors in adhering to the new risk assessment standards for financial statement audits.
- Identify the specific requirements and considerations for auditors in adhering to the new risk assessment standards for compliance audits.
Major Topics
- Provide an overview of the new risk assessment standards
- Discuss how auditors will need to adhere to the standards for financial statement audits
- Identify how the auditors will need to adhere to the standards for compliance audits