Complete ACCT3708 Notes (Include Examples) - Perfect for Final

Description

Succinct notes for the final exam, covering Week 1 to Week 13: 1 Introduction to the Audit Function, Assurance Framework, Regulation of Audits and Auditors’ Legal Liability 2 Risk, Error and the Audit Process 3 Business Risk 4 Internal Controls I: Control Environment and Manual Controls 5 Internal Controls II: Internal Controls in an IT Environment 6 Internal Controls III: Tests of Controls and Communication with Management 7 Substantive Tests I: Audit Evidence, Tests of Detail and Audit Sampling 8 Substantive Tests II: Tests of Detail in IT Systems, Substantive Analytical Procedures, Subsequent Events and Going Concern 9 Using the Work of Others and Fraud 10 Audit Strategies 11 Audit Reporting 12 Other Assurance Services and Ethics This notes were prepared in Semester 2 of 2018.