Create an account
preliminary engagement activities
1:Determining the audit engagement team requirements
2:Ensuring independence of the audit team/firm
3:Establishing an understanding with the client regarding the services to be performed and other terms of the engagement.
consider and audit internal controls
used to find where misstatement may occur, and how they effect the financial statements
audit business processes and related accounts
sales revenue, account replaceable, cash collection, account payable, purchasing process
complete the audit
after the auditor has finished gathering evidence relating to financial statements assertions, the sufficiency of the evidence gathered is evaluated
evaluate results and issue audit report
the final phase in the audit process to evaluate the results
Please allow access to your computer’s microphone to use Voice Recording.
Having trouble? Click here for help.
We can’t access your microphone!
Click the icon above to update your browser permissions and try again
Reload the page to try again!Reload
Press Cmd-0 to reset your zoom
Press Ctrl-0 to reset your zoom
It looks like your browser might be zoomed in or out. Your browser needs to be zoomed to a normal size to record audio.
Please upgrade Flash or install Chrome
to use Voice Recording.
For more help, see our troubleshooting page.
Your microphone is muted
For help fixing this issue, see this FAQ.
Star this term
You can study starred terms together