A recent AICPA peer review study revealed that more than one in ten audit firms is still not properly assessing risk, ten years after the AICPA issued its Risk Assessment Standards.

The AICPA updated its standards in 2018 in an Enhanced Audit Quality (EAQ) initiative, but many firms are not aware of the EAQ's objectives – and the risks that come with failing to follow the EAQ's guidance.

Read this e-book to learn more about the EAQ's four key areas of focus and how implementing the EAQ risk assessment standards will help your audit firm excel.