Although auditors of nonpublic entities have been working with the risk assessment standards (SAS Nos. 104 through 111) for a couple of years, we continue to hear feedback that they (especially auditors of smaller entities) are still struggling with the implementation of the standards. This course focuses on audits of entities with limited personnel and accounting resources, noncomplex operations and financing structures, and a governing body made up of an owner/manager or majority owner.