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Flashcards in compliance audits Deck (5)
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1

Understand the circumstances in which AU 935 (SAS No. 117), "Compliance Audits," is applicable, along with the auditor's responsibilities under this SAS.

f

2

objective of compliance audit

express opinion of applicable compliance requirements

identify requirements that are supplementary to gaas and gagas

3

should perform _____ to obtain an understanding of the applicable compliance requirements, and internal control over compliance.

risk assessment procedures
should assess the risk of material noncompliance (pervasive)

4

auditor should identify andy

supplementary audit requirements

5

the opinion is directed at compliance at the ____ level
the auditor may issue 1 a separate report on compliance, a 2 combined report on compliance and on IC over compliance or 3 separate report on IC over compliance.

program