1
Q
What is the purpose of the audit report
A
communicates the practitioner’s opinion on the fair presentation of the financial statements, in all material respects, in accordance with the applicable financial reporting framework.
2
Q
What is the date of the audit report
A
no earlier than the date on which the practitioner has gained sufficient and appropriate audit evidence to support his or her opinion.
Audit Canada
flashcards
Decks in class (22)
# Cards
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Fundermental CONCEPTS10
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Client Acceptance6
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CAS 210 - Agreeing the Terms of Audit Engagements2
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Going Concern12
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Rules of Professional Conduct9
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Materiality4
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Approach8
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Analytical Procedures8
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Assertions2
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Substantive Procedures5
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Audit Evidence10
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Test of Controls0
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Sampling3
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Fraud9
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Evaluation of Misstatements6
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Subsequent Events8
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Audit Report2
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Compilation & review Engagements8
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Due Dilligence6
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Special Reports and other engagements0
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System Concepts8
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Use of Practitioners communication or name0
