EBP1912. Risk Assessment and Planning Part I

Track: 
Audit Fundamentals
Field of Study: 
Auditing
CPE Credit: 
1.5
Knowledge Level: 
Basic
Advanced Preparation: 
None

Monday, May 6, 2019
 
2:40PM-3:55PM

This session is part 1 of 2 of working through the planning and risk assessment process for the fundamental track case study and will continue in Session #19. These sessions include consideration of SOC 1 reports and certifications for limited scope audits.

Learning Objectives:

  • Recognize necessary procedures to properly plan an employee benefit plan, through utilization of an example
  • Recall risk assessment standards and linkage to planned procedures based on risk evaluation by audit area at the assertion level, utilizing examples of documentation tools
  • Recognize when limited-scope audits are appropriate utilizing evaluation tool
  • Identify a SOC 1 report and recall its components' (i.e., user controls) impact on planned procedures and risk assessment by walking through a SOC 1 evaluation


SESSION SPEAKER(S)

CPA, CGMA
Partner | RubinBrown LLP
CPA
Partner | Plante Moran
CPA
Senior Manager | Grant Thornton LLP