This course is designed primarily to teach practical ways to implement
the PCAOB’s risk assessment standards for smaller public entities. It
includes models for documenting entity-wide controls, financial
statement closing process, and routine processes for significant
accounts to name a few. You will learn how to link the control risk and
an appropriate response using examples of audit programs and control
matrix templates with pre-populated “what can go wrong questions” for
routine processes. In summary, the course presents a cost effective
approach to auditing the smaller public entity.