The Pros and The Cons!

Manuals

TITLE	Auditing: Implementing the NEWLY Revised Risk Assessment Standards
SUBTITLE	Do You Know the Revised Risk Standards ‘Do’s and Don’ts‘
AUDIENCE	Every CPA/auditor/controller/CFO because every entity faces new risks every year
OBJECTIVE	Learn the risks inside the standards and external to financial statements
LEARN	Learn the risks inside the standards… How the revised Risk Standards differ from the existing Risk Standards How to apply the revised Risk Standards in a turbulent audit environment Learn the required changes to current audit requirements and practices How you can be liable even if you comply One simple audit procedure to protect yourself Two major changes to traditional audits Why you can’t rely on management Materiality isn’t just the size of the number Learn the external risks to the financial statements… How immaterial amounts create material risk How software puts the entity at risk Management behaviors and actions that create risk Learn how “maintaining the trend” creates risk How compensation systems cause financial reporting risk How dysfunctional decision systems cause risk How operations create financial statement risk Industry and economic risk Disruptive technology risks Credit and loan covenant risks Directed donor agreement risk Legal, regulatory and statutory risks
BONUS	Subscribe to Gary’s Risk Update newsletter
HOURS	8 hours (can be customized from 1 to 8 hours)
LEVEL	Advanced
ACRONYM	Risk2010
FOR	Auditors, clients, CFEs, controllers, CFOs
AREA	A&A
PREREQ	None
INSTRUCTOR	Gary D. Zeune
AVAILABLE	March 1, 2010
CUSTOM	Mix and match topics to customize presentations for in-house and conferences