Tag Archives: accounting risks
![SCPE 5 expert tips for performing an effective audit risk assessment](https://www.surgentcpe.com/blog/wp-content/uploads/2023/07/SCPE-5-expert-tips-for-performing-an-effective-audit-risk-assessment-.png)
Audit risk assessment is a crucial aspect of auditing that ensures businesses remain compliant with regulatory requirements, identify potential weaknesses in their systems and take appropriate measures to mitigate risks. Auditors need to have a deep understanding of the components involved, the importance of risk assessment in audit planning and the tools and techniques available […]
Warning! Responding to Any Third Party Request for Verification or Comfort Can Put Your Practice at Risk
By Surgent CPE
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Even a verbal response or attempt to provide a written “non-answer” for any request by a third party for verification can put your CPA practice at risk.