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AUDIT COSO Based Auditing:
FUNDAMENTALS Risk Assessment
COSO Based Auditing:
Risk Assessment
About this Course
The primary focus of this course is to provide you with an overview of risk assessment
in COSO based auditing.
Learning Objective(s):
• Identify the objectives, components, and principles in the COSO Framework.
• Describe risk appetite and risk tolerance.
• Explain the difference between inherent risk and residual risk.
• Recognize the COSO Framework concepts of likelihood and impact in determining
risk significance.
• Apply risk assessment concepts to a risk assessment scenario.
CPE Hours Available : 1.0
Knowledge Level : Basic
Advance Preparation : None
NASBA : Yes
Field(s) of Study : Auditing
Who will Benefits : Beginning Auditors
Delivery Formats(s) : Self-Study
Category : Audit Fundamentals
Author : The IIA
Audito/Video : None
Prerequisite(s) : None
Supplementary Course(s) : • COSO Based Auditing: Overview
• COSO Based Auditing: Auditing for Control Activities
Duration : 1h Price : $ 55.00
Course Expiration:
Upon purchase, the user has 30 days to complete this course.
The IIA 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.learningmarket.org.
IIA TRAINING GLOBAL ONDEMAND