Implementing the New Risk Assessment Standards - SAS 145
OL958 | On Demand Course | Update | Self-Study
Description
SAS 145, effective for audits of financial statements ending on or after December 31, 2023, updates the auditor's risk assessment procedures when understanding the entity and its environment and assessing the risk of material misstatement. It changes how we assess and document control and inherent risk and how we define significant risks. In this session, we will review what has changed with the new guidance and what you will need to do differently for this year-end.
This course is part of the 2023 Accounting and Auditing Conference Bundle. Purchase the conference bundle here.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 1.00 | Auditing |
Prices
- Member (Early Bird)
- $49.00
- Non-Member (Early Bird)
- $79.00
- Member
- $49.00
- Non-Member
- $79.00
Instructors
Jeffrey Lieman, CPA
Mr. Lieman currently heads his own consulting firm, Lieman Associates LLC, in Owings Mills, Maryland. He provides consulting services, contractual assistance services, and training to CPAs, their firms, and their clients. He is recognized nationally as a lecturer for various accounting, auditing, and technology topics and has been quoted in various trade journals.
Since 2016, he has received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. Mr. Lieman's previous experience included serving as the chief financial examiner for the Maryland Insurance Administration and being a director for Ellin & Tucker, Chartered. He trained staff in many areas of accounting, administration, and consulting. He also served as a senior manager and national trainer with KPMG in Baltimore, Maryland where he developed training materials for staff and instructors.
He was elected Chairman of the Year by the Maryland Association of CPAs for chairmanship of the Computer Resources Committee.
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