WORKSHOP 1: Excellence in Auditing Education Workshop
“How Best to Teach Risk Assessment and the Appropriate Audit Response”
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Date: Thursday, January 11, 2018
Time: 1:00 PM – 5:30 PM
Field of Study: Auditing
Credit Hours: 4.5 CH
Program Level: Basic
Method 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: None
Advanced Preparation Required: None