Subject Notes Assurance Services and Audit 22522

Description

Great for exam prep, includes all key information that is tested in the final exam! Many months spent putting these notes together that I know will definitely help you ace that exam! Also, a bonus section included at the end that summarises the assertions and audit procedures that you need to know for ASA! Topics included: - Overview of the Audit Profession - The Audit Environment - The auditorʼs responsibilities - Understanding the client and identifying risks - The financial statements and risk (IR) - The role of internal controls in preventing and detecting errors (CR) - Deciding on the right audit strategy - Testing internal controls - Substantive testing - Finalising the audit engagement - BONUS - Summary of Assertions and Audit Procedures