Auditing and Attestation Exam Overview

Engagement Acceptance & Reporting

Types of Engagements & Reports

• Introduction to Engagements: Audits, SSARS & SSAE (12 lessons)
• Integrated Audits (16 lessons)
• Agreed-upon Procedures (13 lessons)
• Single and Governmental Audits, Service Organizations, Special-Purpose & Other Country Frameworks (11 lessons)
• Preparation, Compilation, & Review Engagements & Reports (12 lessons)
• Interim Reviews, Compliance Reporting, & Supplementary Information to Financial Statements (12 lessons)

Ethics & Independence

• AICPA Code of Professional Conduct (14 lessons)
• PCAOB & SEC Requirements (18 lessons)
• Governmental Engagement Ethics (10 lessons)

Terms of an Engagement

• Professional Standards in Audit & Non-audit Engagements (10 lessons)
• Terms of Engagement, Engagement Acceptance, & Engagement Letter (13 lessons)
• Engagement Documentation (11 lessons)

Assessing Risk and Developing a Planned Response

Engagement Planning, Understanding an Entity, & Understanding its Internal Control

• Engagement Planning, Scope, & Timing (14 lessons)
• Materiality (10 lessons)
• Engagement Quality Control & Using the Work of Others (15 lessons)
• Working Capital (15 lessons)

Identify Risk During Planning

• Fraud & General Risk at All Levels (13 lessons)
• Audit Risk (10 lessons)
• Internal Control Frameworks (12 lessons)
• Enterprise Risk Management (17 lessons)
• The Sarbanes–Oxley Act of 2002 (10 lessons)

Business Cycles

• Revenue, Expenditure, & Cash Cycles (21 lessons)
• Inventory, Investment, & Other Cycles (17 lessons)
• Supply & Demand Cycles (12 lessons)
• Economic & Business Measures (10 lessons)
• Market Influences on Business (14 lessons)

Performing Further Procedures and Obtaining Evidence

Obtaining Evidence & Engagement Communication

• Engagement Communication (17 lessons)
• Understanding Sufficient Appropriate Evidence (12 lessons)
• Sampling Techniques (20 lessons)

Substantive Testing & Internal Controls

• Internal Controls & Information Technology Controls: Design, Testing, & Deficiencies (14 lessons)
• Analytical & Other Procedures (16 lessons)
• Substantive Testing Procedures (15 lessons)

Forming Conclusions and Reporting

Engagement Planning, Understanding an Entity, & Understanding its Internal Control

• Management's Responsibility for Disclosing Related Parties, Going Concern, Litigation, Estimates, & More (19 lessons)
• Subsequent Events (17 lessons)

Engagement Results

• Audit Opinions (12 lessons)
• Engagement Reports, Results, Emphasis-of-matter, & Other-matter Paragraphs (10 lessons)