US CPA AUD Prep- Expert Guide to Auditing Attestation

US CPA AUD Prep: Expert Guide to Auditing & Attestation, available at Free, has an average rating of 5, with 6 lectures, based on 1 reviews, and has 173 subscribers.

You will learn about Introduction CHAPTER 1 – Overview of the Auditing and Attestation Examination CHAPTER 2 – Ethics, Professional Responsibilities, and General Principles CHAPTER 3 – Assessing Risk and Developing a Planned Response CHAPTER 4 – Performing Further Procedures and Obtaining Evidence CHAPTER 5 – Forming Conclusions and Reporting This course is ideal for individuals who are Aspiring CPAs: Individuals preparing for the CPA exam who want to gain a thorough understanding of auditing and attestation. or Accounting Professionals: Those seeking to deepen their knowledge in auditing practices and attestation services. or Finance Students: Learners aiming to specialize in auditing and attestation as part of their academic or professional journey. or Anyone Interested in Auditing: Individuals with a general interest in US auditing standards and practices who want to expand their expertise in this area. It is particularly useful for Aspiring CPAs: Individuals preparing for the CPA exam who want to gain a thorough understanding of auditing and attestation. or Accounting Professionals: Those seeking to deepen their knowledge in auditing practices and attestation services. or Finance Students: Learners aiming to specialize in auditing and attestation as part of their academic or professional journey. or Anyone Interested in Auditing: Individuals with a general interest in US auditing standards and practices who want to expand their expertise in this area.

Enroll now: US CPA AUD Prep: Expert Guide to Auditing & Attestation

Summary

Title: US CPA AUD Prep: Expert Guide to Auditing & Attestation

Price: Free

Average Rating: 5

Number of Lectures: 6

Number of Published Lectures: 6

Number of Curriculum Items: 6

Number of Published Curriculum Objects: 6

Original Price: Free

Quality Status: approved

Status: Live

What You Will Learn

Introduction

CHAPTER 1 – Overview of the Auditing and Attestation Examination

CHAPTER 2 – Ethics, Professional Responsibilities, and General Principles

CHAPTER 3 – Assessing Risk and Developing a Planned Response

CHAPTER 4 – Performing Further Procedures and Obtaining Evidence

CHAPTER 5 – Forming Conclusions and Reporting

Who Should Attend

Aspiring CPAs: Individuals preparing for the CPA exam who want to gain a thorough understanding of auditing and attestation.

Accounting Professionals: Those seeking to deepen their knowledge in auditing practices and attestation services.

Finance Students: Learners aiming to specialize in auditing and attestation as part of their academic or professional journey.

Anyone Interested in Auditing: Individuals with a general interest in US auditing standards and practices who want to expand their expertise in this area.

Target Audiences

Aspiring CPAs: Individuals preparing for the CPA exam who want to gain a thorough understanding of auditing and attestation.

Accounting Professionals: Those seeking to deepen their knowledge in auditing practices and attestation services.

Finance Students: Learners aiming to specialize in auditing and attestation as part of their academic or professional journey.

Anyone Interested in Auditing: Individuals with a general interest in US auditing standards and practices who want to expand their expertise in this area.

Prepare for the US CPA Auditing and Attestation (AUD) Exam with our comprehensive and expertly designed course. This course is tailored for individuals seeking to excel in the AUD exam and develop a deep understanding of auditing and attestation principles. Whether you’re starting your career in public accounting or aiming to advance your expertise, mastering these foundational concepts is crucial for success.

What You’ll Learn:

Chapter 1: Overview of the Auditing and Attestation Examination
Understand the AUD exam structure and key content areas to set a solid foundation for your study.

Chapter 2: Ethics, Professional Responsibilities, and General Principles

2.1 Ethics, Independence, and Professional Responsibilities

AICPA Code of Professional Conduct

SEC and PCAOB Requirements

Government Accountability Office and Department of Labor Requirements

2.2 Professional Skepticism and Professional Judgment

2.3 Nature and Scope

Audit Engagements

GAO Government Auditing Standards (GAS)

Other Engagements

2.4 Terms of Engagement

Preconditions and Engagement Letters

2.5 Requirements for Engagement Documentation

Audit and Other Engagements

2.6 Communication with Management and Those Charged with Governance

Planned Scope and Timing

Internal Control Matters

2.7 Audit and Assurance Quality

Chapter 3: Assessing Risk and Developing a Planned Response (25% – 35%)

3.1 Planning an Engagement

Overall Strategy and Engagement Plan

3.2 Understanding an Entity and Its Environment

External and Internal Factors

3.3 Understanding Control Environment and IT Systems

COSO Framework

Internal Controls, IT Controls, and Business Processes

Service Organizations and Limitations

3.4 Materiality

For Financial Statements

Tolerable Misstatement and Performance Materiality

3.5 Assessing Risks of Material Misstatement

3.6 Planning for and Using the Work of Others

3.7 Specific Areas of Engagement Risk

Compliance, Accounting Estimates, Related Parties, and Other Areas

Chapter 4: Performing Further Procedures and Obtaining Evidence (30% – 40%)

4.1 Use of Data and Information

Requesting, Preparing, and Transforming Data

Data Reliability and Analytics

4.2 Sufficient Appropriate Evidence

4.3 Sampling Techniques

4.4 Procedures to Obtain Evidence

Test of Controls and Details

Analytical Procedures

External Confirmations

4.5 Specific Matters Requiring Special Consideration

Accounting Estimates, Investments, Inventory, Litigation, Going Concern, Uniform Guidance

4.6 Misstatements and Internal Control Deficiencies

4.7 Written Representations

4.8 Subsequent Events and Subsequently Discovered Facts

Chapter 5: Forming Conclusions and Reporting (10% – 20%)

5.1 Reporting on Audit Engagements

5.2 Reports on Attestation Engagements

Examination or Review Engagements

Agreed-Upon Procedures Engagements

5.3 Accounting and Review Service Engagements

Preparation, Compilation, and Review Engagements

5.4 Reporting on Compliance

5.5 Other Reporting Considerations

Comparative Statements, Consistency, Additional Reporting Requirements

Who Should Take This Course:

Aspiring CPAs preparing for the US CPA AUD Exam

Accounting professionals looking to enhance their auditing and attestation knowledge

Anyone interested in mastering the complexities of auditing standards and practices

Course Features:

In-Depth Lectures: Comprehensive coverage of all AUD exam topics.

Practical Examples: Real-world applications and examples to reinforce learning.

Quizzes and Practice Questions: Test your knowledge and track your progress.

Flexible Learning: Study at your own pace with lifetime access to course materials.

Course Curriculum

Chapter 1: US CPA AUD Prep: Expert Guide to Auditing & Attestation

Lecture 1: Introduction

Lecture 2: CHAPTER 1 – Overview of the Auditing and Attestation Examination

Lecture 3: CHAPTER 2 – Ethics, Professional Responsibilities, and General Principles

Lecture 4: CHAPTER 3 – Assessing Risk and Developing a Planned Response

Lecture 5: CHAPTER 4 – Performing Further Procedures and Obtaining Evidence

Lecture 6: CHAPTER 5 – Forming Conclusions and Reporting

Instructors

CA & CPA Kamal Chhabra
One Globe One Education

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