analytical procedures, audit evidence decisions, audit program, client inquiries, confirmations, examination, inspection, nature of evidence, observation, persuasiveness of evidence, recalculation, relevancy, reliability, reperformance

audit documentation, audit file contents and organization, current files, financial statements, permanent files, Sarbanes-Oxley Act, supporting schedules, technology

common financial ratios, completion, internal comparisons, liquidity activity ratios, planning, profitability ratios, testing

consistent application of GAAP, departure from promulgated principle, emphasis of matter, explanatory, internal control over financial reporting, non-public, reports involving other auditors, Sarbanes-Oxley Act, standard unqualified audit report, substantial doubt, US public company

adverse opinion, auditor decision process, conditions requiring departure, departures from unqualified opinion, disclaimer of opinion, inadequate disclosure, lack of independence, materiality decisions, qualified opinion, scope limitation, scope limitations

adjusted trial balance, auditor responsibilities, considering laws and regulations, error vs fraud, financial statement cycles, management responsibilities, professional skepticism, transaction flow

balance-related, financial statement audit, general transaction-related audit objectives, management assertions, PCAOB

audit sampling, exception rates, probabilistic and nonprobabilistic sample selection, representative sampling, sampling risk, statistical vs nonstatistical sampling

advisability of disclosure, auditor concerns, client attorneys, contingent liabilities, dual dating, likelihood of occurrence, management representation letter, presentation and disclosure of audit objectives, Sarbanes-Oxley Act, subsequent events review

AICPA, Certified Public Accounting Firms, establishing standards and rules, GC, general corporation, general partnership, GP, limited liability company, limited liability partnership, LLC, LLP, organizational structure, PC, PCAOB, professional corporation, proprietorship, Sarbanes-Oxley Act, securities and exchange commission

AICPA Clarity Project, auditing standards, evidence accumulation, GAAS, ISAs, PCAOB auditing standards, peer review, quality control standards, reporting, US Generally Accepted Auditing Standards

documenting fraud assessment, fraud triangle, fraudulent financial reporting, misappropriation of assets, risk factors

code of conduct, corporate governance, developing responses, initial detection method, inquiries of management, inquiry techniques, interview techniques, nonverbal cues, reducing fraud risks, revenue manipulation, verbal cues

assess control risk, control deficiencies, control deficiency, control risk matrix, CR, extent, flowchart, internal control questionnaire, material weakness, narrative, nonpublic companies, significant deficiency, test controls, walk-through

audit committee, authorizations, board of directors, control activities, control environment, COSO, documents and records, monitoring, reporting responsibilities, risk assessment, separation of duties, SOX requirements, transaction-related audit objectives

audit failure, audit risk, business failure, changed legal environment, prudent person concept

defense against client suits, Foreign Corrupt Practices Act of 1977, liability to client, Sarbanes-Oxley Act of 2002, SEC and PCAOB Sanctions, Securities Act of 1933, Securities Exchange Act of 1934

illustrative guidelines, known and likely misstatements, performance materiality, PM, preliminary judgment

AAR, Acceptable Audit Risk, audit evidence, audit risk model, control risk, CR, engagement risk, inherent risk, IR, measurement limitations

audit objectives, audit risk model, evidence decisions, further audit procedures, phases of audit process, sales and collection cycle, types of evidence, types of tests

assess client business risk, business operations and processes, client acceptance, client objective and strategy, code of ethics, continuance, governance, management, management operating style, measurement and performance, related party transactions, risk terms, understanding client business and industry

code of professional conduct, ethical dilemma, illustrative prescribed ethical principles, independence, rationalizing unethical behavior, relevant facts, why people act unethically

AICPA independence rule of conduct, audit committee, bookkeeping, confidentiality exceptions, covered persons, direct vs indirect, employment relationships, enforcement, financial interests, litigation between CPA firm and client, material or immaterial, ownership interests, partner rotation, prohibited services, rule 101, SEC provisions addressing auditor independence, SOX act, unpaid fees, violation

accumulating and evaluating evidence, competence, independence, information and established criteria, information risk, nature of auditing

attestation services, audit of financial statements, compliance audit, historical financial statements, information technology, internal control over financial reporting, operational audit, requirements of CPA

backup and contingency planning, hardware controls, input controls, internal control, output controls, parallel simulation, physical and online security, processing controls, reduced audit trail, risks to hardware and data, systems development