Find Flashcards
Make Flashcards
Why It Works
More
Educators
Businesses
Academy
About

Log In

Brainscape's Knowledge Genome^TM

Entrance Exams
Professional Certifications
Foreign Languages
Medical & Nursing
Science
English
Humanities & Social Studies
Mathematics
Law
Vocations
Health & Fitness
Business & Finance
Technology & Engineering
Food & Beverage
Fine Arts
Random Knowledge

Top Flashcards (Certified)

Assurance - ICAEW > --------------------------------------------------- > Flashcards

--------------------------------------------------- Flashcards

Study These Flashcards

Study These Flashcards

Assurance - ICAEW (68 decks)

1.1 - Definition

1.2 - Levels of Assurance

2.2 - Benefits of Assurance

3.1 - Limitations of Assurance

3.2 - The Expectations Gap

4.1 - The Statutory Audit

4.2 - Audit Exemption in the UK

4.3 - Legal and Professional Requirements

4.4 - International Standards on Auditing

4.6 - Stages of an Audit

4.7 - Overall Objectives of an Auditor

---------------------------------------------------

1 - Obtaining an Engagement

2.1 - Appointment Considerations

2.1 - High and Low Risk Clients

2.1 - Appointment Considerations Cont

2.1 - Sources of Information about New Clients

2.3 - Money Laundering Regulations

3.0 - Agreeing Terms of Engagement

3.1 - Audit Engagement Letters

3.1 - Items Included in an Engagement Letter

---------------------------------------------------

1.0 - Approach to Planning

1.0 - Key Contents of an Overall Audit Strategy

1.1 - Understanding the Entity

1.1 - Understanding the Applicable Financial Reporting Framework

2.0 - Analytical Procedures

2.1 - Analytical Procedures in Planning the Audit

2.1 - Key Ratio Formulas

2.1 - Purpose of Key Ratios

3.0 - Materiality

3.0 - Materiality in Audit Planning

3.1 - Performance Materiality

3.2 - Review of Materiality

4.0 - Audit Risk

4.1 - Risk of Material Misstatement in the Financial Statements

4.2 - Risks at the Financial Statement Level and at the Assertion Level

4.3 - Risks the Auditor Will Not Detect a Material Misstatement in the Financial Statement

4.4 - Identifying and Assessing the Risks

4.5 - Significant Risks

4.5 - Related Party Transactions

4.6 - Risks in Relation to Climate Change

4.6 - Physical Risks

4.6 - Transition Risks

4.6 - Climate Related Issues and the Possible Risks of Material Misstatement

4.6 - Audit Procedures Designed to Address the Risks Associated With Possible Impairment due to Climate-related Risks

4.6 - Audit Procedures Designed to Address the Risks Associated With Going Concern Doubts due to Climate-related Risks

5.1 - Fraud and Error

5.2 - Characteristics of Fraud

5.3 - Responsibilities in Relation to Fraud

5.4 - Auditor's Objectives

5.5 - Requirements in Relation to Fraud

---------------------------------------------------

1.1 - Evidence Cont

1.2 - Sufficient Appropriate Evidence

1.2 - Quality of Evidence

1.3 - Financial Statement Assertions

1.3 - Assertions about Classes of Transactions and Events, and Related Disclosures

1.3 - Assertions about Account Balances, and Related Disclosures

1.4 - Tests of Control or Tests of Detail

1.4 - Substantive Procedures

1.4 - Effect of Data Analysis

2.2 - Content of the Auditor's Report

2.2 - Items Included Only by Exception

2.2 - Auditor's Report Basic Elements

Key Links
Subjects
Company
- About Us
- Earn Money!
- Academy
- Swag Shop
- Contact
- Terms
- Podcasts
- Careers
Find Us

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions