Auditing

Operational and compliance auditing; the auditor's ethical environment; the auditor's responsibility - legal environment; materiality and audit risk; assessing control risk; obtaining an understanding of the internal control structure; tests of controls; assessing control risk in a computer environment; evidence of financial statement assertions; sampling for substantive tests of account balances - non-statistical and statistical; auditing the working capital cell; the use of computers to gather and document audit evidence for substantive testing; modifications of the standard audit report.