Skip to main content

Risk Assessments and what you need to know when performing your SOC engagements

-

Add to Calendar

Webinar

1.00 Credits

Member Price $71.00

Non-Member Price $82.00

Overview

Identify and mitigate potential threats (bold)

Risk assessments have been a primary focus area for firms as well as peer reviewers. Assessing risk is a continual process through an engagement life cycle (from client acceptance to planning to evaluating the results).

This session will strive to answer three questions related to third-party risk management:

  • What is a risk assessment?
  • Why do we keep talking about it?
  • Where do you start?

    This was first delivered as part of the AICPA & CIMA SOC & Third-Party Risk Management Conference in April 2023 as the session, Start here ... with risk assessments.

    Highlights

  • What is a risk assessment?
  • Why is risk assessment important?
  • Where should you start with risk assessment?
  • How should peer reviewers approach risk assessment?

    Prerequisites

    None

    Designed For

  • Managers, senior managers and partners responsible for performing and managing their firms' SOC for Service Organizations engagements

    Objectives

    • Identify the different types of risk assessments and their role within an engagement.
    • Identify materiality considerations when performing a risk assessment.

    • Non-Member Price $82.00

    Member Price $71.00

    Add to Cart