TPR2306. Start Here...with Risk Assessments

Risk assessments have been a primary focus area for firms as well as peer reviewers. Assessing risk is a continual process through an engagement life cycle (from client acceptance to planning to evaluating the results). This session with strive to answer three questions: What is a risk assessment? Why do we keep talking about it? And…where do you start?

Learning Objectives:

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