How Auditors Approach Risk Assessment 

In this video, the expert panel discusses the factors that auditors take into account when performing the risk assessment. The PCAOB has a suite of risk assessment standards that address audit procedures performed throughout the audit, from the initial planning stages through the evaluation of the audit results. In addition to providing insight into some of the business issues that are considered in their procedures, the panel provides an overview of the different data sources that they consult.
Moderator
- Dave Sullivan, Deloitte & Touche LLP
Panelists
- Phillip Austin, BDO USA LLP
- Mark Beasley, North Carolina State University
- Elizabeth Miller, KPMG LLP
- Maria Moats, PwC