CPA AUD - Auditing and Attestation
Learn how audit and attestation engagements are planned, performed and reported in the United States.
Learning Objectives
5 objectivesApply ethics, independence and professional responsibilities, and explain the terms and documentation of engagements.
Plan an engagement
assess risk, set materiality and understand the entity's controls and IT systems.
Obtain sufficient appropriate evidence using data, sampling and other procedures.
Evaluate misstatements and internal control deficiencies, and obtain written representations.
Report on audit and attestation engagements, and on accounting and review services.
Programme Outline
4 topicsEthics, professional responsibilities and general principles
Independence, professional judgement and the terms, documentation and quality of engagements.
Assessing risk and developing a planned response
Planning, understanding the entity and its IT environment, setting materiality and assessing the risk of misstatement.
Performing further procedures and obtaining evidence
Gathering sufficient appropriate evidence, and responding to misstatements and control deficiencies.
Forming conclusions and reporting
Reports on audit, attestation, accounting, review and compliance engagements.
Hands-On Resources
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