Scribd Logo
Upload

Welcome to Scribd!

  • Audit Theory Test Bank Review Notes

    Uploaded by

    Louierose Joy Copre
    7 views7 pages
    This 3-paragraph summary covers the key points from the audit theory test bank review notes document: 1) The document discusses audit theory and reviews concepts like audit risk, evidence, internal control, audit procedures, and audit reports. It provides definitions and examples for these core auditing concepts. 2) The second section examines audit evidence and the different types of evidence like physical, documentary, confirmation, and analytical evidence. It explains how auditors use these various evidence sources to gather audit proof. 3) The last section reviews the final audit reporting stage and the different types of audit reports that may be issued like unmodified, modified, and adverse opinion reports. It stresses the importance of the audit report in communicating

    Original Description:

    Original Title

    audit-theory-test-bank-review-notes

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This 3-paragraph summary covers the key points from the audit theory test bank review notes document: 1) The document discusses audit theory and reviews concepts like audit risk, evidence, internal control, audit procedures, and audit reports. It provides definitions and examples for these core auditing concepts. 2) The second section examines audit evidence and the different types of evidence like physical, documentary, confirmation, and analytical evidence. It explains how auditors use these various evidence sources to gather audit proof. 3) The last section reviews the final audit reporting stage and the different types of audit reports that may be issued like unmodified, modified, and adverse opinion reports. It stresses the importance of the audit report in communicating

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views7 pages

    Audit Theory Test Bank Review Notes

    Uploaded by

    Louierose Joy Copre
    This 3-paragraph summary covers the key points from the audit theory test bank review notes document: 1) The document discusses audit theory and reviews concepts like audit risk, evidence, internal control, audit procedures, and audit reports. It provides definitions and examples for these core auditing concepts. 2) The second section examines audit evidence and the different types of evidence like physical, documentary, confirmation, and analytical evidence. It explains how auditors use these various evidence sources to gather audit proof. 3) The last section reviews the final audit reporting stage and the different types of audit reports that may be issued like unmodified, modified, and adverse opinion reports. It stresses the importance of the audit report in communicating

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

    lOMoARcPSD|10183055

    Audit theory test bank review notes

    Accounting Research (Far Eastern University)

    StuDocu is not sponsored or endorsed by any college or university


    Downloaded by Rose Red (coprelouierosejoy@gmail.com)
    lOMoARcPSD|10183055

    2011 NATIONAL CPA MOCK BOARD EXAMINATION


    In partnership with the Professional Review & Training Center, Inc. and Isla Lipana & Co.

    AUDITING THEORY

    !" #"!
    $ % & # '!%( & % )
    * &#(+,

    - . *
    / 0

    (' "
    $
    " '

    1 ('
    ' (' 3 5 @
    $ $
    C
    @ @
    ) % ' "
    / 5 @
    2 3
    4 -) @
    $
    2 .
    (' 0 @ @
    ' $
    % ('
    " -B . (' @
    5 6(' 7

    8 . 0
    0 ! D !
    (' " " '
    ' (' % E %
    (' E % %
    9 E E E
    % % E
    : / ('
    # ; -- 5 ('
    (' ;
    .
    " 3)3< ""0
    ;& ; (' = ;
    >& ?
    ( 1 " ; (' =5 ;
    (' ; ; !
    ? !
    * 1 ( ; (' =* 1
    > ( D
    ?
    ' " ( ; (' =5 -) .
    (' ? 0
    !
    4 . !
    0 !
    @ $ ('

    -2 (
    F
    @
    5
    5 @ 5
    5
    A ' -)B;
    -8
    0 ; F
    = ? = ? = ? = ?
    E % E %
    E E E %

    5 @ E E % E
    < 5 ;
    $
    -: ; ;
    ; ;

    Page 1 of 6

    Downloaded by Rose Red (coprelouierosejoy@gmail.com)


    lOMoARcPSD|10183055

    $ C
    G ; ; $
    G ;

    > )2 (' ; ;
    ! '
    ' "
    ! H ( "
    ' /
    ( '
    -4
    F )8
    0
    5
    9
    5
    !

    -A 5

    5 .
    5
    "
    " ): ;
    $
    -< . @

    5 @
    ; 0
    ( 5

    " )4 5 6 7 F
    ( $ $
    (

    -3 . ; 5
    $

    ! 5
    9 /
    5
    )B ' )8B " ; G
    .
    ;
    )A .
    (
    $
    .
    ;
    ;
    ; @
    .

    ;
    ;
    )- ;
    % C
    0
    I
    )< . 0
    5
    1 $
    J

    )) .
    (' .

    0 5

    @ @
    )3

    Page 2 of 6

    Downloaded by Rose Red (coprelouierosejoy@gmail.com)


    lOMoARcPSD|10183055

    5 (
    $
    & @

    (
    2B .
    $ $
    0
    D
    @

    2< .

    0
    ( %
    5
    2- 5

    ; 5
    ; $ F
    23 .
    1
    " 0
    !$

    % %
    2) 5 E E
    % E
    E %

    $ 8B 5
    ! 1 ;

    5
    ' 6 7 6 7;
    ' ;

    22 (
    ; $ (
    @
    ! 8- . $
    / 0
    % !$
    $
    28 !$ (
    / (
    " 1
    ( 9 @

    8)
    2: . ; ;
    0 ;
    ! D C

    !
    82 .
    0
    "
    24 . 0 "
    5

    5 1 1 J

    5 $
    5

    2A 5
    ; ;
    @

    G 88

    Page 3 of 6

    Downloaded by Rose Red (coprelouierosejoy@gmail.com)


    lOMoARcPSD|10183055

    @
    :) . @
    " C '
    9 " ='9" ? '
    ( =' ?0

    @ @ "
    ; ; @ "
    @
    "
    8: .
    0
    :2 J
    @ '9" ;K ;
    $ ;
    @ K5 = ?
    $
    H
    @ # $

    !$

    :8 . $ I

    84 5 $
    .
    0 '
    5 @ 9
    @ '
    &
    $ :: .
    5 0

    " 1

    8A ; ('
    .
    0
    5
    5 1 :4 .
    0
    5 #

    # @
    5 ('

    $
    :A 5 G C

    8< !$ ; $
    ;
    ;
    $ F
    % ;
    ( C C
    ;
    & @

    (
    ;

    83 5
    $ = ?
    $

    $
    :B 5 @ ; $ ;
    1

    :< . C
    0
    C
    :- 5
    / '

    E E E
    # C
    % E E
    E E %
    E % %
    @

    Page 4 of 6

    Downloaded by Rose Red (coprelouierosejoy@gmail.com)


    lOMoARcPSD|10183055

    5 C

    5
    44

    :3 ('
    .
    0
    5 (' ' @

    '9" 4A .
    5 ('
    $ $ 0
    $
    5
    (' "
    5 ('
    G

    (
    4B .
    0
    C 4<
    ( $ 5
    " F
    ; ( = ?
    ; ;
    5
    4-
    J

    J
    ( 43 5
    @ F
    "
    4) 5 @ 1
    #
    1 "
    ;
    !
    1 %

    AB .
    $ 0
    @ /
    $

    42 * ;
    ;
    ; @ $
    ; ; G

    ' A- 5
    9 G
    '
    9

    48 . $

    0 5 $
    9 G
    ' 5 J ;
    '
    9
    G
    4: " ;
    A) ' 1 C
    5
    0

    ( 5

    A2 ('
    H "' ('
    9"

    Page 5 of 6

    Downloaded by Rose Red (coprelouierosejoy@gmail.com)


    lOMoARcPSD|10183055

    ! ' AA .
    0
    ( ( ( C
    ( / (

    A8 5 G
    0
    5
    '

    5 9 1
    ; ;
    ;
    5
    A< 6 7
    ' @
    %
    G ; '

    5
    A: !$ C! '
    # @
    # @ ! '

    ( A3 .
    1 1
    0
    '

    A4 !$ 5
    !$
    (
    <B 5 C C

    C ; C
    ' C

    End of Examination
    Thank you for participating in the 2011 National Mock CPA Board Examinations!

    Page 6 of 6

    Downloaded by Rose Red (coprelouierosejoy@gmail.com)

    You might also like