DESCRIPTION
This module provides an overview of the audit process and required risk asessments within an audit engagement at an advanced level. The module emphasizes the importance of creating tailored audit programs in response to identified risks and discussed suggested techniques for designing appropriate risk response.
LEARNING OBJECTIVES
- Create tailored and risk-responsive audit programs and steps
- Describe the interrelationship of the steps and phases of the audit process
- Define and provide examples of each required risk assessment
