Revisit the various steps involved in the audit process to discuss how your role on the engagement team will change as an experienced staff or new in-charge.
Learning Objectives
Identify common processes and procedures with regard to overall engagement management and supervision of the audit and staff.;Recall the meaning of professional skepticism, specifically as it applies to auditor bias.
Major Topics
Engagement Management;Planning;Materiality;Risk Assessment;Roles of Staff;Budgeting;Professional Judgment;Professional Skepticism
