Monash

Semester 1, 2018


HD Auditing and Assurance Comprehensive Notes ACF3600

82 pages

23,100 words

$34.00

5

Description

Comprehensive ACF3600 Auditing and Assurance notes covering lectures 1-12. Both lectures and readings have been summarised, with tables and diagrams in great detail to help with your revision.

I achieved an overall grade of 87 for this unit. I have spent countless hours on these notes! They will save you a lot of time.

Good luck!

Topics include:

- INTRODUCTION & OVERVIEW OF AUDIT ASSURANCE
– ETHICS, LEGAL LIABILITY & CLIENT ACCEPTANCE
– RISK ASSESSMENT I
– RISK ASSESSMENT II
– AUDIT EVIDENCE
– GAINING AN UNDERSTANDING OF THE CLIENT’S SYSTEM OF INTERNAL CONTROLS
– SAMPLING AND OVERVIEW OF THE RISK RESPONSE PHASE OF THE AUDIT
– EXECUTION OF THE AUDIT – TESTING OF CONTROLS
– EXECUTION OF THE AUDIT – PERFORMING SUBSTANTIVE PROCEDURES
– SUBSTANTIVE TESTING & BALANCE SHEET ACCOUNTS
– SUBSTANTIVE TESTING AND INCOME STATEMENT ACCOUNTS
- COMPLETING AND REPORTING ON THE AUDIT