Which of the following auditor concerns most likely could be so serious that the auditor
concludes that a financial statement audit cannot be performed?
Internal control activities requiring segregation of duties are rarely monitored by
(TCO D) (CPA-01502.B) According to the profession's ethical
standards, which of the following events may justify a departure from
a new form
(TCOs B and C) (CPA-02576.B) Which of the following matters is an
auditor required to communicate to those charged with governance?
The basis for his or her assessment of control risk.
The process used by management in formul
(TCOs B and C) (CPA-05468.B) Which of the following procedures
would be most effective in reducing attestation risk?
Discussion with responsible individuals.
Examination of evidence.
Inquiries of senior management.
(TCO A) (CPA-02666.B) Which of the following factors most likely
would cause a CPA to not accept a new audit engagement?
The prospective client has already completed its physical
The CPA lacks an understandin
(TCO E) (CPA-06366.B) When an accountant is not independent with
respect to an entity, which of the following types of compilation reports
may be issued?
The standard compilation report may be issued, regardless of
Question 1. Question :
(TCO E) (CPA-05849.B) Which of the following procedures would an
auditor most likely perform in obtaining evidence about subsequent
Examine changes in the quoted market prices of investments
purchased since t
Keller Graduate School of Management
ACCT 591 Auditing and Attestation
The course consists of lectures that will be covered on the following dates:
KGSM Audit Only