Risk-Based Auditing – Planning, Materiality and Risk Assessment (December 1, 2026)

Risk-Based Auditing – Planning, Materiality and Risk Assessment
Tuesday, December 1, 2026
Time: 9:00 a.m. – 12:30 p.m. Pacific
Format: Live Online Workshop
Instructional Hours: 3.25
Effective risk-based auditing requires more than completing standard planning checklists. Auditors must understand the entity, identify and assess risks of material misstatement, and develop an audit approach that responds appropriately to those risks.
This practical workshop examines the planning and risk assessment requirements of the Canadian Auditing Standards (CAS), with particular attention to materiality, understanding systems and controls, fraud considerations, and the linkage between identified risks and planned audit procedures.
Participants will explore common practice review deficiencies and practical approaches to improving the effectiveness and documentation of audit planning.
Key Topics:

• The risk-based audit model and CAS requirements
• Understanding the entity, systems and internal controls
• Materiality and performance materiality
• Identifying and assessing risks of material misstatement
• Fraud considerations and linking risks to audit responses

Ideal for: Audit partners, managers, senior staff and practitioners seeking to strengthen their audit methodology.

---