This lesson provides an overview of the types of entities subject to single and governmental audits, as well as the criteria and responsibilities associated with these engagements. Additionally, the lesson delves into audits that use special-purpose frameworks, including understanding how other countries may approach these types of audits. Despite the phasing out of special-purpose frameworks in 2024, the lesson emphasizes the importance of being well-versed in this area until it is officially removed from the exam. Join Nick Palazzolo, CPA, for an informative discussion on these critical audit topics.
Lesson: Single and Governmental Audits, Service Organizations, Special-purpose & Other Country Frameworks Summary
Instructor: Nick Palazzolo
This lesson provides an overview of the types of entities subject to single and governmental audits, as well as the criteria and responsibilities associated with these engagements. Additionally, the lesson delves into audits that use special-purpose frameworks, including understanding how other countries may approach these types of audits. Despite the phasing out of special-purpose frameworks in 2024, the lesson emphasizes the importance of being well-versed in this area until it is officially removed from the exam. Join Nick Palazzolo, CPA, for an informative discussion on these critical audit topics.
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
