This class was created by Brainscape user Monica Frost. Visit their profile to learn more about the creator.
By:
Monica Frost
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Decks in this class (20)
Study unit 1 - Engagement Responsibilities
What is the purpose of an audit,
What are the auditing standards a...,
What is the meaning of presented ...
20
cards
Study Unit 2 - Professional Responsibilities
What are the six principles of th...,
What re the seven threats to audi...,
According to the professional eth...
17
cards
Study Unit 3 - Planning & Risk Assessment
What are the responsibilities of ...,
What is the key responsibility of...,
Give examples of typical terms of...
25
cards
Study Unit 4 - Strategic Planning Issues
What are the factors external aud...,
If an external auditor uses the w...,
Compare an auditor s specialist a...
10
cards
Study Unit 5 - Internal Control Concepts & Information Technology
What are the three objectives of ...,
List the five components of inter...,
What is the level of assurance of...
21
cards
Study Unit 6 - Internal Control - Sales-Receivables-Cash Receipts Cycle
Identify the department individua...,
Identify the department individua...,
Which department should receive c...
16
cards
Study Unit 7 - Internal Control - Purchases, Payroll & Other Cycles
Identify the department individua...,
Identify the department individua...,
To which of the management assert...
10
cards
Study Unit 8 - Responses To Assesssed Risks
What is the objective for assessi...,
Risk of material misstatement is ...,
Give examples of transactions or ...
16
cards
Study Unit 9 - Internal Control Communications And Reports
What is an auditor s responsibili...,
Compare a 1 material weakness and...,
Give examples of indicators of ma...
21
cards
Study Unit 10 - Evidence — Objectives And Nature
Must auditors obtain conclusive a...,
What are some inherent limitation...,
Define the sufficiency of audit e...
26
cards
Study Unit 11 - Evidence — The Sales-Receivables-Cash Cycle
How can the completeness assertio...,
How can the accuracy valuation an...,
How can the existence assertion b...
17
cards
Study Unit 12 - Evidence — The Purchases, Inventory, Payroll And Other Cycles
How can the completeness assertio...,
How can the accuracy valuation an...,
Is sending external confirmation ...
56
cards
Study Unit 13 - Evidence - Key Considerations
What is the primary source of inf...,
Under us gaap what are the accoun...,
Under us gaap what are the accoun...
14
cards
Study Unit 14 - Evidence - Sampling
Define the confidence level in st...,
What are the statistical sampling...,
What is the sampling risk
18
cards
Study Unit 15 - Reports - Opinions And Disclaimers
What are the elements of the audi...,
What are the elements of the audi...,
What are the critical audit matte...
9
cards
Study Unit 16 - Reports - Other Modifications
How does the group auditor s deci...,
What are the factors relating to ...,
When a group auditor assumes the ...
18
cards
Study Unit 17 - Related Reporting Topics
What is the period covered by int...,
What is the most common type of e...,
What are the two types of procedu...
14
cards
Study Unit 18 - SSARSs - Preparation, Compilation, And Review Engagements
Do ssarss apply to issuers,
To which three levels of engageme...,
Compare the engagements under ssa...
14
cards
Study Unit 19 - SSAEs - Examination, Review, And Agrees-Upon Procedures Engagement
Uber ssaes what is the purpose of...,
Under ssaes what are the two type...,
Compare the three engagements und...
24
cards
Study Unit 20 - Govermental Audits
Who establishes generally accepte...,
What are the two categories of pr...,
What are the five ethical princip...
15
cards
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Audit
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