EBP2208. New EBP Audit Standard (AU-C Section 703) Part I

The session will provide an overview of planning and risk assessment considerations under AU-C Section 703.

Learning Objectives:

• Use best practices when implementing specific aspects of AU-C Section 703, including engagement acceptance, engagement letters, management responsibilities
• Identify opportunities for educating plan sponsors and audit staff
• Apply relevant plan provisions and linkage to audit response