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AC450T053CH1081805. AC 450 CH. 1. AC450T053CH1081805. Assurance: Quality of Info Consulting: Recs. AC450T053CH1081805. Assurance Attest Audit. AC450T053CH1081805. Attest Subject Matter is resp. of another party Fin, Nonfin Written assurance Attestor. AC450T053CH1081805.

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Ac 450 ch 1

AC450T053CH1081805

AC 450CH. 1


AC450T053CH1081805

  • Assurance: Quality of Info

  • Consulting: Recs


AC450T053CH1081805

  • Assurance

  • Attest

  • Audit


AC450T053CH1081805

  • Attest

  • Subject Matter is resp. of another party

  • Fin, Nonfin

  • Written assurance

  • Attestor


AC450T053CH1081805

3 Levels of assurance in Attest,

+

<>

0


AC450T053CH1081805

  • F/S Audit

  • Attestor

  • Subject Matters


AC450T053CH1081805

  • Demand for F/S Audit

  • Acts

  • risk of M misstmt

  • Unbiased report


AC450T053CH1081805

Def of Auditing:

Auditing is a systematic process

(Cont.)


AC450T053CH1081805

of objectively

(Cont.)


Obtaining evaluating evidence cont

AC450T053CH1081805

obtaining & evaluating evidence(Cont.)


Regarding assertions cont

AC450T053CH1081805

Regarding assertions (Cont.)


About economic actions events cont

AC450T053CH1081805

about economic actions & events (Cont.)


To ascertain the degree of correspondence cont

AC450T053CH1081805

to ascertain the degree of correspondence (Cont.)


Between those assertions and established criteria cont

AC450T053CH1081805

between those assertions and established criteria (Cont.)


And comm results to interested users

AC450T053CH1081805

and comm. results to interested users.


Std setting aicpa asb sass cont

AC450T053CH1081805

Std SettingAICPA: ASB, SASs (Cont)


Arsc ssars cont

AC450T053CH1081805

ARSC: SSARS (Cont)


Pcaob as cont

AC450T053CH1081805

PCAOB: AS (Cont)


Cpcaf formerly pob cont

AC450T053CH1081805

CPCAF (formerly POB): (Cont)


Gao cont

AC450T053CH1081805

GAO (Cont)


Types of other audits

AC450T053CH1081805

Types of other Audits

  • Operational

  • Compliance


Standards

AC450T053CH1081805

Standards

  • SASs

  • SSAEs

  • SSARSs

    (CONT)


Standards1

AC450T053CH1081805

Standards

  • QC

  • ET

  • AS

  • Others


Types of auditors

AC450T053CH1081805

Types of Auditors

  • Indep.

  • Internal

  • Govt.


Cpa cont

AC450T053CH1081805

CPA, Cont.

  • License 3 Es

  • Certif.

    (End)


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