Wiley CPAexcel Exam Review 2014 Focus Notes: Auditing and Attestation

INDEX

Accounting and Review Services

Accounting Estimates

Actions Resulting from Evidence of Fraud

Allowable Risk of Incorrect Acceptance

Analytical Procedures

Assessing Control Risk

Assessing Risk of Fraud

Assurance Provided by Auditor

Attestation Engagements

Attribute Sampling

Audit Committee

Audit Reports

Audit Risk

Audit Risk Model

Auditing Accounts Payable & Purchases

Auditing Accounts Receivable & Sales

Auditing Cash

Auditing Equity

Auditing Inventory

Auditing Investments & Investment Income

Auditing Long-Term Debt & Interest Expense

Auditing Property, Plant, & Equipment

Auditing Specific Accounts

Auditing through the Computer

Auditing with the Computer

Communication with Predecessor Auditor

Comparative Financial Statements

Compilation Report

Compilations

Components of Audit Risk

Components of Internal Control

Condensed Financial Statements & Selected Data

Consideration of Fraud in a Financial Statement Audit

Consideration of Internal Control

Control Activities

Control Environment

Controls in an IT Environment

Department of Labor Independence Requirements for Employee Benefit Plans

Departures from GAAP

Documentation

Documentation of Internal Control

Downgrading Engagements

Effects of Assessment

Effects of Substantive Tests on Detection Risk

Emphasis of an Uncertainty

Engagement Letter

Evaluation of Misstatements

Financial Statement Compilations

Planning

Financial Statement Reviews

Flowcharts

Fraud and Illegal Acts in Compilation or Review Engagements

Fraud Risk Factors