CFE Day 2 & 3: Common Testing Scenarios – Audit & Assurance

First Time Audits: Create an audit planning memo using Risk, Approach, Materiality, Procedures (RAMP) that is specific to the implications of the client situation. Risk: Use risk factors that are case facts and specific to the client. State the “therefore” factor of the risk. Ex- Risk is increased because there is a new controller “therefore” Read more about CFE Day 2 & 3: Common Testing Scenarios – Audit & Assurance[…]