1
Q
What assertions impact account balances?
A
Existence Rights and obligations Completeness Accuracy, valuation and allocation Classification Presentation
2
Q
What assertions impact classes of transactions (IS)?
A
Occurrence Completeness Accuracy Cut-off Classification Presentation
Audit Canada
flashcards
Decks in class (22)
# Cards
-
Fundermental CONCEPTS10
-
Client Acceptance6
-
CAS 210 - Agreeing the Terms of Audit Engagements2
-
Going Concern12
-
Rules of Professional Conduct9
-
Materiality4
-
Approach8
-
Analytical Procedures8
-
Assertions2
-
Substantive Procedures5
-
Audit Evidence10
-
Test of Controls0
-
Sampling3
-
Fraud9
-
Evaluation of Misstatements6
-
Subsequent Events8
-
Audit Report2
-
Compilation & review Engagements8
-
Due Dilligence6
-
Special Reports and other engagements0
-
System Concepts8
-
Use of Practitioners communication or name0
