Auditors of broker-dealers are required to perform their audits in accordance with Public Company Accounting Oversight Board (“PCAOB”) auditing standards. To perform your broker-dealer audits appropriately, it’s important to perform sufficient procedures to plan the audit. Developing a thoughtful, relevant risk assessment is a critical first step. The risk assessment drives the key audit procedures to be performed that will be the basis for the audit opinion issued. The auditor’s consideration and identification of fraud and significant risks and responses to those risks are commonly a main focus of PCAOB inspections.  Join two former PCAOB broker-dealer inspectors, as they discuss important broker-dealer audit planning procedures to be performed under PCAOB auditing standards.