Risk Wrangling: Surviving the Modern Business Rodeo

Overview

Risk-based factors are becoming exponentially important considerations for accountants in both public practice and industry. We examine the nature of risks for today’s enterprises while exploring the role of internal controls for mitigating business risks. We also explore SAS 145 and other guidance aimed at risk considerations for professional engagements. Public and private accountants will enhance their capabilities for assessing and addressing risks faced by today’s organizations.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Highlights

The major topics that will be covered in this course include:

• Risk is the common thread in an evolving landscape
• Risk assessment
• Responding to assessed risks
• Auditing standards
• Other insights from AICPA guidance
• Fraud considerations
• The role of analytics
• Financial reporting considerations
• Risk mitigation

Prerequisites

Basic working knowledge of accounting procedures.

Designed For

Accountants in public practice and industry who need to identify, evaluate, and respond to risks encountered in business and professional circumstances.

Objectives

After attending this presentation, you will be able to...

• Identify ways that risks influence the professional ecosystem
• Use professional guidance to make risk-based decisions
• Determine novel ri

  Preparation

  None

  Notice

  This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by CPA Crossings.