1
Q
Phases of F/S Audit
A
1) Engagement Acceptance/Continuance, 2) Preliminary Planning, 3) Design Audit Tests, 4) Perform Audit Testing, 5) Evaluate Evidence and Perform Final Review Procedures, 6) Prepare and Issue Audit Report
ACC 453
flashcards
Decks in class (17)
# Cards
-
Chapter 1: Assurance Services, Attestation Services and Financial Statement Audits11
-
Chapter 2: Objective of a Financial Statement Audit33
-
Chapter 3: Regulation of F/S Audits12
-
Chapter 4: Audit Model1
-
Chapter 5: Engagement Acceptance/ Engagement Continuance11
-
Chapter 6: Audit Risk and Materiality and it's Role in Planning the Audit25
-
Chapter 7: Assessing Business Risks and Linking Business Risks to the Audit29
-
Chapter 8: Internal Control and its Role in F/S Audits49
-
Chapter 9: Assessing Control Risk for a F/S Audit22
-
Chapter 10: Analytical Procedures20
-
Chapter 11: Audit Evidence and Common Audit Procedures31
-
Chapter 12: Planning the Audit Strategy13
-
Chapter 13: The CPA's Responsibility for Fraud18
-
Chapter 14: Testing Accounts Receivable28
-
Chapter 16: Completing the Audit33
-
Chapter 17: Audit Reports48
-
Chapter 18: Ethics and AICPA Code of Professional Conduct25
