June 15, 2026

Vendor Webinar

2 CPE

Audit Risk Assessment in Plain English

June 15, 2026
Vendor Webinar
2 CPE

Audit Risk Assessment in Plain English

Audit Risk Assessment in Plain English, is a 2 hour webcast highlighting the AICPA’s clarified risk assessment standards, along with a new Statement on Auditing Standard (SAS 145) related to understanding the entity, the entity’s environment, the entity’s internal controls, and assessing the risks of material misstatement.  This session will attempt to simplify the requirements using common sense examples and language.

Learning Objectives

  • Understand the AICPA's clarified risk assessment standards and their importance in the auditing process.
  • Familiarize oneself with the key components of the new Statement on Auditing Standard (SAS 145) related to understanding the entity, the entity's environment, the entity's internal controls, and assessing the risks of material misstatement.
  • Develop an understanding of the relationship between audit risk assessment and the overall audit strategy.

Major Topics

  • Overview of Audit Risk Assessment
  • AICPA's clarified Risk Assessment Standards
  • SAS 145
  • Assessing the Entity's Environment
     

CPE Credits Available

2 CPE
2
Accounting&Auditing

Things to Know About This Course

Course Level

  • Basic

Prerequisites

None

Advanced Preparation

None

Intended Audience

Industry and Public Accountants

Provider

ACPEN

Register For This Event

  • MSCPA Member

    $ 79 79
    Join

  • MSCPA Non-Member

    $ 109 109
    Your Price

Please login to register.