Kayla Chalfant

Acct 497 day 24: attorney"s letter request, sox, management have to give a certificate that is signed by the ceo and cfo. Indicate that the financial s

The relationships among auditing, attestation, and assurance engagements: assurance services, attestation services, auditing. Internal control attest:

Professionalism assignment: due monday, march 20th at 9 am, double spaced, 12-point font. Needs to be a printed copy handed in during class. The impact

Assignment 1 handed out: critical thinking. Mechanics: find critical thinking tasks, rubric on blackboard, number of pages is up to your judgement on y

Assignment 2: will need to site some reference materials, ethics assignment, start as soon as possible, need to spend reasonable time on this assignmen

Critical thinking assignment: email electronic copy by 9am monday, february 13, a paper copy is handed in at the beginning of class, it is about the qu

Evaluate audit evidence: discrepancies in the accounting records, conflicting or missing evidential matter. Confirm with them with an inquiry if it is

Audit plan: it auditors, time budget. Materiality: a matter of professional judgement, materiality criteria. Qualitative criteria: using materiality on

Program to make sure they check everything they should check. Aicpa might want to check when someone issues an audit report, that someone actually did

Information and communication: risk factors related to fraudulent financial report. Management"s responsibility to set goals and objectives. Other defi

Stages of an audit: obtain (or retain) engagement, engagement planning. When are you going to do it, how many hours, who is going to be on the team: ri

Something you assess based on what you have: acceptable audit risk. Something you bring in or something you are trying to maintain: planned control ris

Student debt bubble: banks take credit cards in account when thinking about giving a loan, a third of credit card profits are from fees. They want you

An attestation engagement - a practitioner is assesses and reports on subject matter or an assertion about the subject matter that is the responsibilit

Business risk: the risk that an entity will fail to meet its objective. Four environmental conditions increase user demand for relevant, reliable infor

Philosophical principles in ethics: 1) the imperative principle, 2) the principle of utilitarianism. Virtue ethics: setting self-focused standards for

Rule 102: integrity and objectivity: cpas must remain free of conflicts of interest. Report to higher level if supervisor"s position is not acceptable.

Statutory liability: three major statutes provide sources of statutory liability for auditors. Sarbanes-oxley act of 2002: creation of (pcaob, stricter

England banned trump from the uk before he was even in office. Education secretary betsy devos: has never had student loans, doesn"t like public school