At the core of every audit are the goals of identifying, assessing and responding to risks of material misstatement. Yet, common misconceptions can lead to non-compliance. In this course, you’ll learn about the most pervasive issues the Peer Review team has uncovered that you will want to avoid in your practice.
Identify common misconceptions that are leading to non-compliance with AU-C Sections 315 and 330, as relates to:
Misconceptions that are leading to non-compliance with AU-C Sections 315 and 330 related to the following:
Financial statement auditors and those part of the audit team involved in risk assessment and testing.