DESCRIPTION
Navigating SAS 149 with Confidence
This interactive session helps auditors understand how group audit requirements affect planning, risk assessment, and documentation, so teams can execute group audits with greater consistency, clarity, and quality.
What makes this session different:
- Scenario-based learning grounded in real-world group audit challenges
- Clear connection between standards requirements and execution decisions
- Engaging expedition-style learning design that reinforces retention and application
Who should attend:
- Audit professionals involved in group audit planning or execution
- Engagement leaders responsible for reviewing group audit workpapers or component work
- Quality control and methodology teams supporting the implementation of SAS 149
This course can be customized to integrate your firm’s audit methodology or policies regarding group audit engagements.
LEARNING OBJECTIVES
- Identify when an engagement meets the definition of a group audit under SAS 149
- Apply a risk-based approach at the group level to determine the components at which to perform procedures
- Use professional judgement and knowledge of SAS 149 to make informed decisions about component materiality and the involvement of other auditors
- Define how group engagement team responsibilities drive planning, risk response and communication and coordination with other auditors
