CONTINUOUS AUDITING Ivan Cantu College of Business Administration University of Texas Pan American 1201 W. University Drive‚ Edinburg‚ TX78539 Tel: 956-292-7025 cantu_ivan@hotmail.com Lai Liu College of Business Administration University of Texas Pan American 1201 W. University Drive‚ Edinburg‚ TX78539 Tel: 956-381-3353 liul@utpa.edu Haiyan Zhou College of Business Administration University of Texas Pan American 1201 W. University Drive‚ Edinburg‚ TX78539 Tel: 956-381-3334 zhaiyan@utpa
Premium Internal control Auditing
accounting firms ****Generally Accepted Auditing Standards (GAAS)**** AICPA’s Auditing Standards Board introduced Statements of Auditing Procedures (1939-1972)and Statement of Auditing Standards (1972-present): to provide guidance for the conduct of audits PCAOB issues auditing standards which are subject to approval by the SEC Taken together‚ the relevant pronouncements of the AICPA and PCAOB are collectively referred to as the generally accepted auditing standards (GAAS) 1. A pronouncement issued
Premium Auditing Internal control Audit
has responsibility for establishing auditing standards for public companies‚ while the Auditing Standards Board (ASB) of the AICPA establishes auditing standards for private companies. The ASB previously had responsibility for establishing auditing standards for both public and private companies. Existing auditing standards were adopted by the PCAOB as interim auditing standards for public company audits. 2-10 For the most part‚ generally accepted auditing standards are general rather than specific
Premium Audit Financial audit Auditing
Chapter 1: Auditing‚ Assurance‚ and Internal Control Auditing Auditing is a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and establishing criteria and communicating the results to interested users. Internal Audits * Internal auditing: independent appraisal function established within an organization to examine and evaluate its activities as a service
Premium Audit Internal control Auditing
Cost Accounting (50 marks) Part II: Financial Management (50 marks) Paper 4: Taxation (100 marks) Part I: Income-tax (50 marks) Part II: Service Tax (25 marks) and VAT (25 marks) Group II Paper 5: Paper 6: Paper 7: Advanced Accounting (100 marks) Auditing and Assurance (100 marks) Information Technology and Strategic Management (100 marks) Section A: Information Technology (50 marks) Section B: Strategic Management (50 marks) The level of knowledge expected of students in the above subjects is ‘working
Premium Auditing Cost Strategic management
[pic] |Auditing – ACC 403 | |Student Course Guide | |Prerequisite: ACC 304 | | |
Premium Auditing Auditor's report Audit
Introduction The importance off skepticism in performing audits has been recognized from the time the very first auditing standard was implemented (Fullerton and Durtschi‚ 2012). The recent financial crises and audit failures have caused the profession to reassess and emphasise the importance of skepticism during an audit engagement‚ ensuring that auditors increase their level of skepticism (Fullerton and Durtschi‚ 2012). Auditors are now asked to expand their skeptical perspective to the level
Premium Auditing Audit Auditor's report
Date of Submission: 27.02.2012 Feb.27‚ 2012 Shah Ridwan Chowdhury. Lecturer and Course Teacher‚ Auditing. Dept. of Management Studies. Jagannath University‚ Dhaka. Dear Sir‚ there is the report on ‘topic ’’ you wanted as to conduct. To prepare this report‚ we conducted a field work. This field work will help us to improve our knowledge and theories of auditing. We believe that this report will help anybody to understand about the actual practice and bottlenecks of audit particularly
Free Auditor's report Audit Auditing
The purpose of this paper is to explain the nature and functions of auditing‚ relate them to the audit functions in Enardo‚ Inc.‚ describe the elements of the Generally Accepted Auditing Standards (GAAS) and how these standards apply to financial‚ operational‚ and compliance audits‚ explain the effect that the Sarbanes-Oxley Act of 2002‚ and the Public Company Accounting Oversight Board (PCAOB) will have on audits of publicly traded companies‚ and discuss the additional requirements that are placed
Premium Auditing Management Economics
POSITION PAPER on: Information Technology Auditing and Cybercommerce: A Risk Perspective by: Catherine L. Talita I. SUMMARY OF ARTICLE ______________________________________________________________________________ Exponential growth of the Internet and the transmission bandwidth of the communication carrier is transforming the way businesses operate and communicate. In this technology-centric world‚ customers‚ partners‚ suppliers and employees are demanding unparalleled levels of service
Premium Electronic commerce Audit Auditing