NAA2418. Scaling SAS 145

Are you frustrated with the level of effort you put into planning an audit and the value you get out of that exercise? Do you and your audit teams speak the same language when it comes to risk assessment? Let’s “walkthrough” what is required, when, and why. We will use a small entity example to discuss the new risk assessment standard and related audit documentation, including how to fine-tune your approach and achieve audit quality by applying an effective and efficient approach.

Learning Objectives:

• Recall key changes in requirements associated with SAS 145
• Recognize how to scale the requirements in SAS 145 to perform an effective and efficient risk assessment
• Identify available resources related to SAS 145 and its scalability