1 / 25

Understanding Assurance and Auditing Standards

This article provides an overview of auditing and assurance services, highlighting the roles of various auditors, including independent, internal, and government auditors. It defines auditing as a systematic process of obtaining and evaluating evidence regarding assertions about economic actions and events. The article also discusses different levels of assurance, the significance of financial statement audits, and the standards set by organizations like AICPA, PCAOB, and GAO, along with the types of audits such as operational and compliance audits.

winola
Télécharger la présentation

Understanding Assurance and Auditing Standards

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. AC450T053CH1081805 AC 450CH. 1

  2. AC450T053CH1081805 • Assurance: Quality of Info • Consulting: Recs

  3. AC450T053CH1081805 • Assurance • Attest • Audit

  4. AC450T053CH1081805 • Attest • Subject Matter is resp. of another party • Fin, Nonfin • Written assurance • Attestor

  5. AC450T053CH1081805 3 Levels of assurance in Attest, + <> 0

  6. AC450T053CH1081805 • F/S Audit • Attestor • Subject Matters

  7. AC450T053CH1081805 • Demand for F/S Audit • Acts • risk of M misstmt • Unbiased report

  8. AC450T053CH1081805 Def of Auditing: Auditing is a systematic process (Cont.)

  9. AC450T053CH1081805 of objectively (Cont.)

  10. AC450T053CH1081805 obtaining & evaluating evidence(Cont.)

  11. AC450T053CH1081805 Regarding assertions (Cont.)

  12. AC450T053CH1081805 about economic actions & events (Cont.)

  13. AC450T053CH1081805 to ascertain the degree of correspondence (Cont.)

  14. AC450T053CH1081805 between those assertions and established criteria (Cont.)

  15. AC450T053CH1081805 and comm. results to interested users.

  16. AC450T053CH1081805 Std SettingAICPA: ASB, SASs (Cont)

  17. AC450T053CH1081805 ARSC: SSARS (Cont)

  18. AC450T053CH1081805 PCAOB: AS (Cont)

  19. AC450T053CH1081805 CPCAF (formerly POB): (Cont)

  20. AC450T053CH1081805 GAO (Cont)

  21. AC450T053CH1081805 Types of other Audits • Operational • Compliance

  22. AC450T053CH1081805 Standards • SASs • SSAEs • SSARSs (CONT)

  23. AC450T053CH1081805 Standards • QC • ET • AS • Others

  24. AC450T053CH1081805 Types of Auditors • Indep. • Internal • Govt.

  25. AC450T053CH1081805 CPA, Cont. • License 3 Es • Certif. (End)

More Related