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Live Webcast Replay

Audit Risk Assessment in Plain English


Total Credits: 2 including 2 Auditing- Technical

Average Rating:
   25
Categories:
ACPEN Industry Institute |  Accounting and Auditing |  ACPEN Tax Institute
Speakers:
Frank Crawford, CPA |  Christopher Pembrook, CPA, MBA, CGAP, CRFA
Course Levels:
Basic
Duration:
2 Hours
License:
Product Setting: Expires 30 day(s) after program date.

Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


Description

Audit Risk Assessment in Plain English, is a 2 hour webcast highlighting the AICPA’s clarified risk assessment standards, along with a new Statement on Auditing Standard (SAS 145) related to understanding the entity, the entity’s environment, the entity’s internal controls, and assessing the risks of material misstatement.  This session will attempt to simplify the requirements using common sense examples and language.

Basic Course Information

Learning Objectives
  • Understand the AICPA's clarified risk assessment standards and their importance in the auditing process.
  • Familiarize oneself with the key components of the new Statement on Auditing Standard (SAS 145) related to understanding the entity, the entity's environment, the entity's internal controls, and assessing the risks of material misstatement.
  • Develop an understanding of the relationship between audit risk assessment and the overall audit strategy.

Major Subjects
  • Overview of Audit Risk Assessment
  • AICPA's clarified Risk Assessment Standards
  • SAS 145
  • Assessing the Entity's Environment
     

Course Materials

Speaker

Frank Crawford, CPA Related Seminars and Products

President

Crawford & Associates, P.C.


Frank Crawford, CPA, is President of Crawford & Associates, P.C., Certified Public Accountants, an accounting firm located in Oklahoma City, OK. The firm specializes in providing auditing, consulting and accounting services solely to governmental entities and is a member of the AICPA and the AICPA Government Audit Quality Center. Over the last 39 years, Crawford & Associates has provided a variety of audit and accounting services to all sizes of government including many types of financial statement audits and attestation services, fraud investigations, internal control analysis, accounting policy and procedure development, outsourced internal auditing and internal monitoring, developing management anti-fraud programs and controls, quality assurance reviews, training, and expert witness services. 


Mr. Crawford was the recipient of the Association of Government Accountants (AGA) 2014 Private Sector Financial Excellence Award, an annual recognition of one individual who has been deemed by the AGA to have made significant contributions to the field of governmental financial management. 
Frank was also recognized as a recipient of the U.S Graduate School’s “2010 Instructor Excellence Award”. Quoting the U.S. Graduate School officials, “Your students and colleagues, as well as Graduate School Staff, honour and value the work that you do here, as evidenced by the many statements of support that praised your skills. Of the School’s 800+ instructors, you are one of only thirteen who will receive this prestigious award this year.” 


In 2012, Mr. Crawford completed a 4 year term as Chairman of the AICPA Government Expert Panel after serving on the Panel for 11 years, and is currently the Chairman of the Oklahoma Society of CPAs Government Accounting and Auditing Committee (27 years), and has also been involved in a number of other AICPA committees and task forces as they relate to governmental accounting and auditing, including the AICPA Governmental Accounting and Auditing Committee, the AICPA Government and Not-For-Profit Expert Panel, the AICPA Government Performance and Accountability Committee, the AICPA GASB 34 Audit Guide Revision Task Force, and the GASB’s recent Financial Reporting Model revision Task Force. In 2015, Mr. Crawford completed a 4 year term as Chairman of the AICPA’s annual Government and Not-For- Profit Training Conference after serving on the Planning Task Force of the Conference for 18 years. 


Over the years, Mr. Crawford has assisted both the AICPA and GASB in the development of several implementation guides as a member of an advisory group, task force or technical content provider. His experience with GASB 34 implementation and audit issues dates back to June 30, 1999, as auditor of the first general-purpose government in the United States to implement the requirements of GASB 34. 
Mr. Crawford is also currently working with many of the US states, territories, commonwealths and freely-associated compact governments on audit finding resolution and financial analysis projects and also serves as a technical consultant and advisor to a number of Federal Government Agencies. 
Frank is a frequent lecturer, trainer and discussion leader for numerous groups, including U.S. Federal Government Agencies, various local and national CPA firms, a number of State Societies, and has also appeared in several AICPA continuing professional education videos and live CPE broadcasts and webcasts related to governmental accounting and auditing. 


Commonly known as Frankie to clients, friends and family, and Pappy to his two grandchildren, Mr. Crawford has two children and two grandchildren, daughter Madison and husband Jon, son Blake, 5 year old grandson Brody, and 3 year old granddaughter Brenley. Mr. Crawford also has the good fortune to be married to Cindy Crawford (not the supermodel, but better). 


 


Christopher Pembrook, CPA, MBA, CGAP, CRFA's Profile

Christopher Pembrook, CPA, MBA, CGAP, CRFA Related Seminars and Products

Crawford & Associates, P.C.


Christopher Pembrook is a Certified Public Accountant, Certified Government Auditing Professional, and Certified Forensic Accountant who joined Crawford & Associates in September 2011. He has a degree in accounting from East Central University and an MBA from Oklahoma Christian University. Prior to joining the firm, he served as the Chief Financial Officer of the Oklahoma Police Pension & Retirement System. He also worked for the Oklahoma State Auditor’s Office for seven years, serving two of the years as the Deputy Director of the Local Government and Special Services Division. He currently serves as a committee member of the AICPA State and Local Government Expert Panel and the Oklahoma Society of CPA’s Government Accounting & Auditing Committee. He was also selected to serve on the joint COSO-ACFE Task Force for the development of the group’s Fraud Risk Management Guide. Christopher was named an OSCPA Trailblazer in 2016. Chris became a Crawford & Associates shareholder in 2017.


Dates

Thu, Feb 29, 2024 - 09:00am to 10:46am CST
Sat, Mar 09, 2024 - 09:00am to 10:46am CST
Sat, Mar 09, 2024 - 11:00am to 12:46pm CST
Wed, Mar 20, 2024 - 01:00pm to 02:46pm CDT
Fri, Mar 29, 2024 - 03:00pm to 04:46pm CDT
Fri, Apr 12, 2024 - 09:00am to 10:46am CDT
Tue, Apr 23, 2024 - 06:00pm to 07:46pm CDT
Mon, Apr 29, 2024 - 01:00pm to 02:46pm CDT
Thu, May 09, 2024 - 03:00pm to 04:46pm CDT
Wed, May 15, 2024 - 09:00am to 10:46am CDT
Wed, May 29, 2024 - 11:00am to 12:46pm CDT
Mon, Jun 03, 2024 - 01:00pm to 02:46pm CDT
Fri, Jun 14, 2024 - 03:00pm to 04:46pm CDT
Sat, Jun 22, 2024 - 09:00am to 10:46am CDT
Wed, Jun 26, 2024 - 09:00am to 10:46am CDT
Wed, Jul 10, 2024 - 11:00am to 12:46pm CDT
Mon, Jul 22, 2024 - 01:00pm to 02:46pm CDT
Wed, Jul 31, 2024 - 03:00pm to 04:46pm CDT
Tue, Aug 06, 2024 - 06:00pm to 07:46pm CDT
Fri, Aug 16, 2024 - 11:00am to 12:46pm CDT
Wed, Aug 28, 2024 - 01:00pm to 02:46pm CDT
Sat, Aug 31, 2024 - 10:00am to 11:46am CDT
Fri, Sep 06, 2024 - 03:00pm to 04:46pm CDT
Mon, Sep 16, 2024 - 09:00am to 10:46am CDT
Thu, Sep 26, 2024 - 11:00am to 12:46pm CDT
Wed, Oct 09, 2024 - 01:00pm to 02:46pm CDT
Mon, Oct 21, 2024 - 03:00pm to 04:46pm CDT
Wed, Oct 30, 2024 - 09:00am to 10:46am CDT
Tue, Nov 05, 2024 - 06:00pm to 07:46pm CST
Thu, Nov 14, 2024 - 01:00pm to 02:46pm CST
Tue, Nov 26, 2024 - 03:00pm to 04:46pm CST
Fri, Dec 06, 2024 - 09:00am to 10:46am CST
Tue, Dec 17, 2024 - 06:00pm to 07:46pm CST
Fri, Dec 27, 2024 - 01:00pm to 02:46pm CST
Sat, Dec 28, 2024 - 09:00am to 10:46am CST
Fri, Jan 03, 2025 - 08:00am to 09:46am CST
Sat, Jan 18, 2025 - 10:00am to 11:46am CST
Tue, Feb 11, 2025 - 06:00pm to 07:46pm CST
Mon, Feb 24, 2025 - 02:00pm to 03:46pm CST
Mon, Mar 03, 2025 - 08:00am to 09:46am CST
Wed, Mar 19, 2025 - 10:00am to 11:46am CDT
Fri, Apr 11, 2025 - 12:00pm to 01:46pm CDT
Tue, Apr 22, 2025 - 06:00pm to 07:46pm CDT
Mon, May 05, 2025 - 08:00am to 09:46am CDT
Wed, May 21, 2025 - 10:00am to 11:46am CDT
Mon, Jun 02, 2025 - 12:00pm to 01:46pm CDT
Sat, Jun 07, 2025 - 08:00am to 09:46am CDT
Wed, Jun 11, 2025 - 02:00pm to 03:46pm CDT
Wed, Jun 18, 2025 - 08:00am to 09:46am CDT

Additional Info

Basic Course Information

Prerequisites

None


Advanced Preparation

None


Designed For

Industry and Public Accountants


Original Recording Date

7/12/2023


Course Developer

Crawford CPAs


Date Added to Catalog

07/10/23


Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199). 


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


Promo Video

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Overall:      4.8

Total Reviews: 25