Auditing and Assurance Services

Part 1 Introduction to auditing and assurance services: an overview of financial statement auditing. Part 2 Basic auditing concepts: materiality, audit risk, and evidence - materiality and audit risk; evidential matter, types of evidence, and working paper documentation. Part 3 Planning the audit and understanding internal control: audit planning and types of audit tests; internal control in a financial statement audit; the effects of information technology on the audit function. Part 4 Statistical tools for auditing: audit sampling - an overview and application to tests of controls; audit sampling - an application to substantive tests of account balances. Part 5 auditing accounting applications and related accounts: auditing the revenue cycle and related accounts; auditing the purchasing cycle and related accounts; auditing the payroll cycle and related accounts; auditing the inventory cycle and related accounts; auditing selected asset accounts - prepaid expenses and property, plant, and equipment; auditing long-term liabilities, stockholders' equity, and income statement accounts; auditing cash and investments. Part 6 Completing the audit and reporting responsibilities: completing the engagement; reports on audited financial statements and special reporting issues. Part 7 Professional responsibilities and other forms of services: the code of attestation engagements and other accounting services.