|
|
Course Description
Homeowners' Associations and Other Common Interest Realty Associations: Pre-engagement Activities and Audit Planning for Audits of CIRAs from PPC
Accounting & Auditing
(8
credits)
$109.95
This interactive self-study course discusses pre-engagement activities and audit planning with a focus on auditing common interest reality associations (CIRAs). Lesson 1 covers the authoritative literature related to pre-engagement activities and preliminary planning. It also discusses the client acceptance and continuance process, the necessary documentation, and establishing the terms of the engagement with the client. Lesson 2 looks at audit planning in depth and discusses related items, including understanding the entity, its environment, and its internal control and the decisions and judgments an auditor makes during audit planning. Lesson 3 covers special circumstances, such as using a specialist, audit sampling, the organization and structure of workpapers, and initial engagements, and how audit planning will be affected.
Major
Subjects:
 |
Identify the authoritative literature related to pre-engagement activities and preliminary planning and the standard setting bodies.
|
|
Outline processes for making the client acceptance and continuance decision and establishing an understanding with the client.
|
|
Summarize the basics of audit planning.
|
|
Describe how an auditor gains an understanding of an entity and its environment.
|
|
Summarize how an auditor gains an understanding of internal control, and compare and contrast the five elements of internal control.
|
|
Assess issues related to making decisions and judgments during audit planning.
|
|
Plan for issues related to using the work of a specialist and audit sampling.
|
|
Develop procedures for organizing and structuring audit plans and workpapers.
|
|
Identify planning considerations unique to initial engagements.
|
| Contributing
Author: |
Practitioners Publishing Company
|
| Course Level: |
Basic |
| Prerequisite: |
Basic knowledge of auditing |
| ProductCode: |
09PHA4 |
| Format: |
NASBA QAS/Registry self-study |
 |
For licensing information, click on the Licensing Information
button. |
|
