Risk Assessment During the Recovery


The Coronavirus pandemic (COVID-19) has presented new and heightened risks for businesses, making the audit risk assessment all the more important. The key to high-quality audit engagements is rooted in appropriately identifying and responding to the risks of material misstatement. However, more than a decade after the Risk Assessment Standards were issued, the AICPA Peer Review team found that nearly half of the engagements reviewed failed to comply with AU-C Sections 315 or 330.In this webcast, you will learn about the most pervasive risk assessment issues the Peer Review team has uncovered and how to avoid them in your practice. You will also learn how to properly assess risk affecting clients during the COVID-19 pandemic.


Tuesday, July 20, 2021
Registration Time: 12:00pm
12:00pm – 2:00pm

Add to Outlook calendar

Course Type

On-line Live Vendors

CPE Credit

2.00 hours CPE credit

Field of Study


Level of Knowledge


Designed For

Practitioners who perform audit engagements





Advanced Preparation



 Misconceptions leading to non-compliance with AU-C Sections 315 and 330  Understanding the entity and its environment, including internal control  Assessing the risks of material misstatement  Performing audit procedures in response to assessed risks  New risks to consider as a result of the COVID-19 Pandemic


 Identify the most common challenges auditors encounter with respect to AU-C Sections 315 and 330  Recall the intent of the standards and how the requirements should be interpreted  Recognize practical application of the standards in audits of small- to medium-sized entities  Identify and access helpful resources to support quality performance


N/A (This is a webcast)
Member Fee $99.00
Non-Member Fee $119.00
Your Price $119.00

Registration for this course has passed.

View more conferences and courses

Registered for CPE? Log in to download electronic course materials.