San Jose, CA (PRWEB) November 08, 2012
CPE Link’s Risk Assessment Toolkit provides for consistent audit procedures, helping firms quickly and accurately assess the risks of material misstatement before accepting an audit engagement. Once the engagement begins, the toolkit helps firms prepare an efficient, appropriately tailored audit program that is effective for the client as well as profitable for the firm.
While the Risk Assessment Toolkit can be used for any audit, it is designed especially for firms whose bread-and-butter clients are local and regional businesses. The toolkit consists of easy-to-use programmed forms that guide the accountant logically through identifying areas of significant risk, documenting them, and linking audit procedures to address those risks.
The Risk Assessment Toolkit is so complete and logical in its approach to compliance with the Risk Assessment Standards that one reviewer actually characterized it as the Arthur Murray approach to Risk Assessment. “That’s what we had in mind—a template for thinking about and applying the standards, step by step, consistently, every time,” said Tom Noce, CPA, CFE, author of the Risk Assessment Toolkit. “The updated Risk Assessment Toolkit will quickly pay for itself in the time firms save on this year’s audits.”
The Risk Assessment Toolkit is a flexible, modular, and adaptable system. Using the Toolkit as their core risk assessment platform, firms can easily link other tools to it. Firms can also import selected forms from the Risk Assessment Toolkit to augment their own audit methodologies.
Normally $199 for an annual subscription, CPE Link is offering a special introductory price of $179 for the Risk Assessment Toolkit 4.0 to get new users up and running.
CPE Link is a provider of online CPE for the CPA, EA, RTRP, CMA, CFP and other financial professionals. Practitioners can choose from a broad curriculum of 300 live webcast topics each year and over 1,000 hours of online self-study. CPE Link 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 and an IRS Approved CE Provider.