Back to Basics - Audit Risk and Planning

Course outline:

At the end of the course participants will be reminded of the risk based approach to planning an audit.

Contents:

• ISA (UK) 315 – Identifying and Assessing the Risks of Material Misstatement
• Understanding the entity
• Audit risk and assertions
• ISA (UK) 240 – The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements

CPD Hours: 0.5