We gratefully acknowledge KPMG and the KPMGFoundation for their generous support of the 2018 Auditing Section MidyearMeeting and Doctoral Consortium.
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Date: Thursday, January 11, 2018Time: 1:00 PM – 5:30 PMField of Study: AuditingCredit Hours: 4.5 CHProgram Level: BasicMethod of Delivery: Group Live Intended Audience: Auditing Educators Learning Objectives: Risk assessment, a complex process requiring critical thinking skills, is essential to the quality of the audit. PCAOB standards emphasize the importance of the auditor’s risk assessment procedures being sufficient to provide a reasonable basis for identifying and assessing the risks of material misstatement and designing further audit procedures (PCAOB 12). Educators and practitioners are interested in developing a mindset to assess risks of material misstatement and the appropriate audit response. The purpose of this Excellence in Auditing Education Workshop is to bring together auditing academics and practitioners to explore best practices relating to developing risk assessment and audit response skills in today’s students and early-career professionals. Prerequisites: NoneAdvanced Preparation Required: None