Professional Documents
Culture Documents
Chapter 1
Chapter 1
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Learning Objectives
• Describe auditing
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Nature of Auditing
Remoteness of information
Voluminous data
ATTESTATION SERVICES
Audits Reviews
Internal Control Certain
over Financial Reporting Management
Consulting
Other Attestation Services
(e.g., WebTrust, SysTrust)
NONASSURANCE SERVICES
Other Management
Consulting
Certain
Accounting and
Management
Consulting Bookkeeping
Tax
Services
Operational
Compliance
Financial Statement
Established
Loan agreement provisions
Criteria
Available
Financial statements and calculations by the auditor
Evidence
Established
Generally accepted accounting principles
Criteria
Available
Documents, records, and outside sources of evidence
Evidence
Internal auditors
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Discussion Questions (cont)
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Discussion Questions (cont)
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End of Chapter 1
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