Description
<p>This course will cover both materiality and risk evaluation which requires judgement from the auditor because both concepts directly impact the auditor's planned audit evidence.</p>
<p>At the end of this course, you will be able to:</p>
<ul>
<li>Know why materiality is important for an audit of financial statements.</li>
<li>Know the audit risk model and its components.</li>
<li>Know the impact of engagement risk on acceptable audit risk.</li>
<li>Know the relationship of risks to audit evidence.</li>
</ul>
