a. Original programming is not required.
76. The advantages of computer-assisted audit techniques (CAATs) packages:
e. If Lincoln receives a limited response, Lincoln should consider its implications in deciding whether to accept the engagement.
(4) Jackson's understanding as to the reasons for the change of auditors.
(3) Communications Jackson made to management about fraud, illegal acts, or internal control recommendations.
(2) Disagreements with management as to accounting principles, audit procedures, or other similarly significant matters.
(1) Facts that might bear on the integrity of management.
d. Lincoln should make specific and reasonable inquiries of Jackson regarding matters Lincoln believes will assist in determining whether to
accept the engagement, including specific questions regarding.
c. If Washington refuses to permit Jackson to respond or limits Jackson's response, Lincoln should inquire as to the reasons and consider the
implications in deciding whether to accept the engagement.
b. Lincoln should ask Washington to authorize Jackson to respond fully to Lincoln's inquiries.
3
Summary
Category
# of Questions
AACSB: Analytic
64
AACSB: Technology
14
Accessibility: Keyboard Navigation
70
AICPA: BB Critical Thinking
4
AICPA: BB Industry
1
AICPA: BB Legal
59
AICPA: BB Leveraging Technology
14
AICPA: FN Decision Making
3
AICPA: FN Leveraging Technology
14
AICPA: FN Measurement
1
AICPA: FN Research
55
AICPA: FN Risk Analysis
5
Blooms: Analyze
1
Blooms: Apply
15
Blooms: Remember
57
Blooms: Understand
5
Difficulty: 1 Easy
18
Difficulty: 2 Medium
52
Difficulty: 3 Hard
8
Learning Objective: 03-
01 List and describe the required preengagement activities that auditors undertake before beginning an audit engagement.
15
Learning Objective: 03-
02 Understand the importance of planning the audit engagement so that it is conducted in accordance with professional standards.
15
Learning Objective: 03-03 Define materiality and explain its importance in the audit planning process.
5
Learning Objective: 03-04 List and describe the eight general types of audit procedures for gathering evidence.
26
Learning Objective: 03-
05 List and discuss matters of planning that auditors should consider related to the clients computer environment and describe how
CAATs can be used to improve the efficiency of the audit process.
14
Learning Objective: 03-06 Define what is meant by the proper form and content of audit documentation.
3
Louwers - Chapter 03
78
Source: AICPA
34
Source: AICPA adapted
1
Source: Original
43
Topic: Audit Documentation
3
Topic: Audit Plan
15
Topic: Audit Procedures for Obtaining Audit Evidence
26
Topic: Materiality
5
Topic: Planning in a Computerized Environment
14
Topic: Pre-Engagement Activities
15
