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How SAS Nos. 134-145 Improve Risk-Based Audits


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4.00 Credits

Member Price $149.00

Non-Member Price $199.00


Recent generally accepted auditing standards were written to improve the quality of risk-based financial statement audits, audit reporting, and required by-product communications. This course will discuss the important clarifications and enhancements intended to improve audit quality to ensure better compliance with requirements contained in SAS Nos. 134-145.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

  • Course Instructor: Jennifer F. Louis, CPA
  • Highlights

    The major topics that will be covered in this class include:

    • Key changes to audit report elements intended to improve the understandability of the nature and results of financial statement audits
    • Enhanced required by-product communications with management and those charged with governance to promote more reliable financial statements
    • Clarifications related to obtaining sufficient and appropriate audit evidence, including significant unusual transactions, related parties, going concern uncertainty, and accounting estimates
    • New definitions and requirements related to identifying and evaluating risks of material misstatement
    • Other important matters contained in SAS Nos. 134-145



    Designed For

    Anyone with financial statement audit responsibilities


    After attending this presentation you will be able to...

    • Identify new requirements related to audit reporting and required by-product communications
    • Recall core concepts fundamental to obtaining sufficient and appropriate audit evidence in compliance with recently-issued auditing standards
    • Recognize recent clarifications and enhancements made to improve the quality of the risk-based audit process
    • Recall significant new requirements of SAS Nos 134-145



    Non-Member Price $199.00

    Member Price $149.00