This module covers foundational concepts for participants preparing to perform audit procedures in response to assessed risks. Participants begin the session learning about the role of assertions in the performance of an audit and defining common assertions through active classroom discussion. Next, the module covers the seven procedures available to the auditor for gathering audit evidence, including a discussion of the strengths and weaknesses of each procedure and how technology can assist in the application of each procedure. To further apply and practice the concepts covered, participants conclude with a small group activity demonstrating how audit procedures are selected at RA-3 to directly address one or more specific identified assertion level risks.