Draftworx- Materiality scoping and risk assessment procedures

Price:
R414.00 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
Draftworx
Lecturer:
Probeta Training
Duration:
60 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


In this session, we are going to discuss the following concepts:
- Materiality (10.10)
- Identification of audit sections (10.20)
- Risk assessment procedures
- Risk of Material Misstatement
- Verification of opening balances - New entity (11.05)
- Opening balance test (11.10)
- Engagement team discussion agenda document (11.15)
- Review of the prior year's audit report and management report (11.20)