The Financial Statement Audits for New Auditors series of courses is focused on assisting new staff moving into an audit practice of nonissuers (i.e., any entity not subject to the provisions of the Sarbanes-Oxley Act of 2002). This course was prepared to enable participants to understand further audit procedures performed after the risk assessment process is complete. After completing this course, you should be able to List assertions addressed during an audit; Explain how the Risk of Material Misstatement (RMM) is used to determine the types of Further Audit Procedures to perform; State and explain the types of further audit procedures (Test of Controls and Substantive (Test of Details of Transactions and Balances and Analytical Procedures)); Describe how specific further audit procedures are developed based on RMM.