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CAS 315 is the standard that requires an auditor to identify and assess the risk of material misstatement. It is a fundamental standard in performing audits, however, auditors often face challenges in its application. There are many required procedures but many times auditors don’t know what is required, why they are performing certain procedures or how to execute them.
This course will help auditors gain a deeper understanding of the requirements of CAS 315. By investing time to properly perform risk assessment procedures to identify and assess the risk of material misstatement, auditors will streamline their engagements for greater efficiency.
Through an exploration of the standards, illustrative examples and guidance on practical application will strengthen your ability to conduct effective and efficient engagements.
Verifiable CPD
1.5 hours
Please contact us to find out more about our services and how we can help you save time and achieve peace of mind.
Kirsten S. Albo, FCPA, FCA, ICD.D
Phone: 1.204.228.2529
Email: askksa@ksaconsultinginc.com
Kirsten uses her knowledge and expertise built from over 3 decades of experience in public practice. She is recognized for her technical knowledge and practice style along with her drive, passion and leadership. She is innovative and practical with a results-oriented approach. READ MORE
ASK KSA provides consulting and advisory services to small- to mid-sized practitioners to help them save time and achieve peace of mind by meeting the requirements of public practice. We provide practical solutions to SMPs on conducting effective and efficient engagements. READ MORE
The standards are constantly changing and there are other evolving shifts in the profession making it challenge to keep up to date. Each month ASK KSA releases an update on technical requirements, practice management and professional development topics. SIGN UP
