TPR2306. Start Here...with Risk Assessments

Risk assessments have been a primary focus area for firms as well as peer reviewers. This session will discuss how "risk assessment" is a continual process through an engagement life cycle (from client acceptance to planning to evaluating the results). We will discuss how there are multiple forms/types of risk assessments.  We will also navigate through materiality considerations, including how to incorporate non-quantitative areas. 

Learning Objectives:

• Identify the different types of risk assessments and their role within an engagement.
• Identify materiality considerations when performing a risk assessment.