AUD Flashcards

Decks in this Class (31):

• Aud Lesson 1

  AUD-Lesson 1

  Sample Cards:

  what is the goal of a f s audit,

  what framework most f s conform to,

  what are the steps in an audit
  28 Cards
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• Aud Lesson 2

  AUD-Lesson 2

  Sample Cards:

  when must independence be maintained,

  if a cpa is performing personal financia,

  what are the five issues that are addres
  8 Cards
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• Aud Nemonics Gradual

  AUD-Nemonics Gradual

  Sample Cards:

  what are the steps in an audit,

  what are the reporting standards,

  the auditor must maintain independence f
  12 Cards
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• Aud Lesson 6

  AUD-Lesson 6

  Sample Cards:

  audit reports,

  audit reports,

  audit reports
  22 Cards
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• Aud Lesson 3 Gradual Internal Control Co

  AUD-Lesson 3_GRADUAL_Internal Control Continued

  Sample Cards:

  what is au c 315,

  what is the name for entities that do no,

  what is an integrated audit as it requir
  23 Cards
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• Aud Lesson 4 Gradual

  AUD-Lesson 4_GRADUAL

  Sample Cards:

  what are the first 4 management assertio,

  what are the second 5 management asserti,

  what are the management assertions for t
  16 Cards
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• Aud Lesson 5 Gradual

  AUD-Lesson 5_GRADUAL

  Sample Cards:

  what is a non sampling risk,

  what is a sampling risk,

  what are the two types of sampling risk
  9 Cards
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• Aud Lesson 7 Compilations And Preparatio

  AUD-Lesson 7 COMPILATIONS and Preparation_GRADUAL

  Sample Cards:

  what are the five categories in ar c 60,

  under a compilation when is withdrawal r,

  what is the length of the compilation re
  20 Cards
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• Ssars Engagments Attest Assurance Report

  SSARs-Engagments-Attest-Assurance-Reports

  Sample Cards:

  what kind of an engagement is f s prepar,

  what kind of an engagement is a compilat,

  what kind of an engagement is a review
  6 Cards
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• Aud Lesson 6 Extra Report Review

  AUD-Lesson 6-Extra Report Review

  Sample Cards:

  what is the opinion issued for disagreem,

  what is the opinion issued for cases whe,

  what is the opinion issued when there is
  8 Cards
  Preview Flashcards
• Aud Lesson 1 Audit Planning

  AUD-Lesson 1 - Audit Planning

  Sample Cards:

  what is the audit program audit plan,

  what are the three key considerations in,

  what are the audit planning procedures
  3 Cards
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• Aud Lesson 3 Revenue Cycle Audio Interna

  AUD-Lesson 3_Revenue Cycle_Audio: Internal Control Continued

  Sample Cards:

  what are the segregation of duties,

  how do you test controls tests of arcc,

  what is the function of internal control
  10 Cards
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• Aud Lesson 3 Spending Cycle Internal Con

  AUD-Lesson 3_Spending Cycle_Internal Control Continued

  Sample Cards:

  what is the order of the documents in th,

  what is the purchase requisition,

  what is the purchase order
  6 Cards
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• Aud Lesson 3 Payroll Cycle Internal Cont

  AUD-Lesson 3_Payroll Cycle_Internal Control Continued

  Sample Cards:

  which department approves changes in pay,

  what department calculates pay,

  which department issues the checks to em
  6 Cards
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• Aud Lesson 8 Govt Gradual

  AUD-Lesson 8_Govt_Gradual

  Sample Cards:

  what is a gas audit in accordance with g,

  what is required in a gas audit in accor,

  what is the other term for generally acc
  25 Cards
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• Aud Lesson 8 Remaining

  Aud-Lesson 8_Remaining

  Sample Cards:

  how is supplementary information treated,

  what is an agreed upon procedure,

  what is a special report
  9 Cards
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• Flow Chart

  Flow Chart

  Sample Cards:

  new card,

  new card,

  new card
  12 Cards
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• Aud Lesson 7 Reviews Gradual

  AUD-Lesson 7 REVIEWS_GRADUAL

  Sample Cards:

  in addition to the engagement letter wha,

  for reviews what is included in the enga,

  is independence required for reviews
  12 Cards
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• Government Reports Drill Down

  Government Reports Drill Down

  Sample Cards:

  what is required in a gas audit in accor,

  what does the single audit act require i,

  what sections do the gas in accordance w
  4 Cards
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• Controls

  Controls

  Sample Cards:

  what are preformatted screens,

  what are input controls,

  what are processing controls
  12 Cards
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• Reports Sections

  Reports Sections

  Sample Cards:

  with issuer unqualified opinion letter w,

  with issuer unqualified opinion letter w,

  with issuer unqualified opinion letter w
  4 Cards
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• Trouble Nemonics

  Trouble Nemonics

  Sample Cards:

  what are the steps in an audit,

  what are the elements of the engagement,

  what are the audit planning procedures
  6 Cards
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• Aud 1 Question Review

  AUD-1 Question Review

  Sample Cards:

  what is materiality,

  what is most effective in reducing attes,

  what are the three elements of the fraud
  9 Cards
  Preview Flashcards
• Module 7 Audit Sampling

  Module 7 Audit Sampling

  Sample Cards:

  what two items make up detection risk,

  what is a dual purpose test,

  what kind of sampling is used in a test
  22 Cards
  Preview Flashcards
• Module 2 Engagement Planning

  Module 2 - Engagement Planning

  Sample Cards:

  what is the formula for audit risk,

  what is the formula for risk of material,

  what is performance materiality
  3 Cards
  Preview Flashcards
• Module 3 Understanding Internal Control

  Module 3 - Understanding Internal Control and Assessing Control Risk

  Sample Cards:

  what are the seven control environment f,

  what are the control activities,

  what is the formula for risk of material
  18 Cards
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• Internal Control Nemonics

  Internal Control Nemonics

  Sample Cards:

  what are the control activities,

  what are the five components of internal,

  how do you test controls tests of arcc
  8 Cards
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• Module 4 Audit Evidence Nemonics

  Module 4 - Audit Evidence Nemonics

  Sample Cards:

  what are the 13 assertions made by manag,

  what are the substantive procedures,

  what are the tests of account balances
  3 Cards
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• Revenue Cycle

  Revenue Cycle

  Sample Cards:

  what is the first document created in th,

  what document is created after the purch,

  which departments get the sales order
  10 Cards
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• Expense Cycle

  Expense Cycle

  Sample Cards:

  what is the first document in the spendi,

  which departments get the purchase order,

  how is the purchase order from that goes
  8 Cards
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• Coso Principals

  COSO Principals

  Sample Cards:

  coso principals for the control environm,

  coso risk assessment,

  coso control activities
  5 Cards
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