ACT 4497 Lecture ch07

ACT 4497 Lecture ch07 - Modern Auditing: Modern Auditing:...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Modern Auditing: Modern Auditing: Assurance Services and the Integrity of Assurance Services and the Integrity of Financial Reporting, 8 Financial Reporting, 8 th th Edition Edition William C. Boynton William C. Boynton California Polytechnic State University California Polytechnic State University at San Luis Obispo at San Luis Obispo Raymond N. Johnson Raymond N. Johnson Portland State University Portland State University Chapter 7 – Accepting the Engagement and Planning the Audit Chapter 7 Overview Chapter 7 Overview Client Acceptance and Retention Client Acceptance and Retention Evaluating the Integrity of Management Evaluating the Integrity of Management • Communicate with the Predecessor Auditor • Make Inquiries of Other Third Parties • Review Previous Experience with Existing Clients Identifying Special Circumstances and Identifying Special Circumstances and Unusual Risks Unusual Risks • Identify Intended Users of Audited Statements • Assess Prospective Client’s Legal and Financial Stability • Identify Scope Limitations • Evaluate the Entity’s Financial Reporting Systems and Auditability Assessing Competence to Perform the...
View Full Document

This note was uploaded on 02/07/2011 for the course ACT 4497 taught by Professor Lewis during the Spring '11 term at Troy.

Page1 / 19

ACT 4497 Lecture ch07 - Modern Auditing: Modern Auditing:...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online