In this lesson, the integrated audit process is explained in detail. The process begins with engagement acceptance, followed by planning, risk assessment, and testing controls. It is highlighted that the top-down approach is specific to the integrated audit process when assessing risk. Furthermore, the lesson covers evaluating control deficiencies and forming an opinion based on the findings. The importance of each step is emphasized as it relates to a successful integrated audit.
Lesson: Integrated Audit Process
Instructor: Nick Palazzolo
In this lesson, the integrated audit process is explained in detail. The process begins with engagement acceptance, followed by planning, risk assessment, and testing controls. It is highlighted that the top-down approach is specific to the integrated audit process when assessing risk. Furthermore, the lesson covers evaluating control deficiencies and forming an opinion based on the findings. The importance of each step is emphasized as it relates to a successful integrated audit.
Updated: June 22, 2023 Create an account
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Types of Engagements & Reports
Module:
6 Concepts,
76 Lessons
The Audit Process
11:18
Audit Committee
3:43
Reporting Findings
1:03
Single Audits
5:44
Governmental Audits
3:51
GAAS vs. GAGAS
9:23
Service Auditors
1:43
Review Engagements
11:18
Interim Reviews
14:12
Compilation Engagements
12:42
