Auditing and Assurance ServicesThis text provides up-to-date information on all issues inherent in accounting and auditing practice, particularly in public accounting firms including coverage of the creation of the Public Companies Accounting Oversight Board, the passage of the Sarbanes-Oxley Act and more. |
Contents
User Demand for Reliable Information | 2 |
Managements Assertions Embodied | 8 |
Public Accounting | 14 |
Copyright | |
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accepted accounting principles accepted auditing standards account balance accounts receivable AICPA adapted amount analytical procedures assessing control risk assets assurance services Attestation Engagements attribute sampling audit documentation audit evidence audit procedures audit report audit risk balance sheet bank cash receipts checks company's confirmation control procedures cost count customers cycle December 31 detection risk determine disclosure employees estimate evaluation example Exhibit expense financial statements Fraud Examiners GAAP identify income incorrect acceptance independent internal auditors internal control inventory investment LEARNING OBJECTIVE liability loan material misstatement ment obtain operations opinion payroll percent perform personnel planning population PPS sampling processing production professional purchase recorded responsibility revenue Review Checkpoints risk of assessing risk of incorrect risk too low sales invoices sampling risk Sarbanes-Oxley Act securities selection substantive procedures tests of controls tolerable deviation rate valuation variables sampling year-end