Block 1 Articles Flashcards
1
Q
Corporate governance
A
2
Q
Audit Practice
A
3
Q
Public oversight
A
4
Q
Audit commitees
A
5
Q
System
A
6
Q
Directed
A
7
Q
Controlled
A
8
Q
Board of directors
A
9
Q
Shareholders
A
10
Q
Stakeholders
A
11
Q
Corporate strategy
A
12
Q
Corporate performance
A
13
Q
Decision-makers
A
14
Q
Monitored
A
15
Q
Published audited financial statements
A
16
Q
Credible
A
17
Q
Crucial
A
18
Q
Principles
A
19
Q
Legislative
A
20
Q
Jurisdiction
A
21
Q
Code of best practice
A
22
Q
Compliance
A
23
Q
Non-compliance
A
24
Q
Leadership
A
25
Long-term success
26
Division of responsibilitues
27
NEDs
28
Balance
29
Domination
30
Skills, experience, knowledge
31
Formal, rigorous, transparent procedure
32
Induction
33
Update
34
Re-election
35
Regular
36
Satisfactory performance
37
Accountability
38
Prospects
39
Position
40
Assessment
41
Business review
42
Financial statements
43
Risk management
44
Appropriate relationship
45
Renumeration
46
Individual and corporate performance
47
Mutual understanding
48
AGM
49
Recent, relevant financial experience
50
Statements' integrity
51
Formal announcement
52
Significant financial reporting judgements
53
Challenge (finance director, external auditors)
54
Contentious matters
55
Risk controls
56
Internal audit
57
Robustness
58
Recommendation
59
Annual report
60
Fraud prevention, detection
61
Whistleblowing
62
Appointment, reappointment, removal
63
Fee approval
64
Non-audit services
65
Terms of engagement
66
Tender
67
Independence/objectivity
68
Ethical framework
69
Recommendation report
70
Length of tenure
71
Contractual restriction
72
Reassurance
73
Policies and procedures
74
Compliance
75
Annual audit cycle
76
Comfort
77
Audit quality
78
Appropriate plans
79
Adherence
80
Quality control principles
80
Auditing standards
81
Resolved
81
Work findings
82
Significant accounting and auditing judgements
82
Unresolved
82
Management responsiveness
82
Levels of errors unadjusted
83
Recommendations
83
Changes in perceived risks
84
Perceptiveness
85
Questions
86
Conduct feedback
87
Head of internal audit
88
Management letter
89
Review
90
Report effectiveness
91
Safeguards
92
Fees incurred
93
Aggregate
94
Compensation criteria
95
Formal policy
96
Pre-approved
97
Specific approval
98
Prohibited
99
Internal audit
100
Effectiveness
101
Investor perception
102
Impact
