Chapter 2 - GAAS General(Acronym = TIP Adequate_and_in...

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The CPA Profession
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Chapter Objectives To understand; CPA firm structure and role Regulatory influences on the profession (we will have a separate presentation on Sarbanes-Oxley that fits here) The increasing importance of International Auditing Standards GAAS Quality control practices in public accounting.
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CPA Firms Size and Scope Big 4 National Regional Local Services Structure Hierarchy
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Regulation Sarbanes-Oxley—separate presentation provides additional information SEC PCAOB issues _______s AICPA ASB issues ______s IFAC IAPC issues ______s
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Generally Accepted Auditing  Standards Audits are conducted in accordance with ______________ in order to determine whether financial statements are prepared in accordance with ______________
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Unformatted text preview: GAAS General (Acronym = TIP) Adequate ____________and ____________ _____________in mental attitude Due ______________ care Fieldwork (acronym = PIE) ___________and supervision Understand _______________ Sufficient, competent __________________ Reporting (Acronym = GCDO) ___________ = accounting ____________ in application of principles Adequate ____________ State _______________ Quality Control Elements ____________ of clients __________, ____________, and objectivity ____________ monitoring _____________ management _____________ that engagement is performed in accordance with standards....
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  • Spring '11
  • SMITH
  • Accountant, international auditing standards, CPA profession, CPA firm structure, GAAS Quality control, additional information SEC

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Chapter 2 - GAAS General(Acronym = TIP Adequate_and_in...

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