Class Notes (838,386)
Canada (510,872)
Management (767)
MGT321H5 (16)
Lecture

lecture 1

2 Pages
170 Views
Unlock Document

Department
Management
Course
MGT321H5
Professor
Schneider, M
Semester
Fall

Description
CLASS ONE Assurance Auditing CAS200, Overall Objectives: The overall objectives of the auditor are: 1) To obtain reasonable assurance that FSs (to reduce audit risk as much as possible): Free from material misstatement Enabling the auditor to express an opinion Are in accordance with financial reporting framework 2) To report on the FSs and communicate the auditors findings. Management must have good internal controls in place in order to meet objectives. Ethical Requirements: Integrity, Objectivity, Professional competence, Due care, Confidentiality, Professional behavior Professional Skepticism Contradicting evidence, Reliability of documents, Possible Fraud, Sufficient and Appropriate Audit Evidence Enough Quantity and Good Quality reduce audit risk GAAS General Standar
More Less

Related notes for MGT321H5

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit