Block 3 - Engagement Planning Flashcards
1
Q
Planning Stage
A
2
Q
Business risk
A
3
Q
Audit risk
A
4
Q
Risk of material misstatement
A
5
Q
First-year audit
A
6
Q
Recurring audit
A
7
Q
Completion and reporting stage
A
8
Q
Working paper file
A
9
Q
Deficiency
A
10
Q
Internal control system
A
11
Q
Going concern
A
12
Q
Forseeable future
A
13
Q
Investigation
A
14
Q
Audit strategy
A
15
Q
Audit plan
A
16
Q
Deadline
A
17
Q
Shareholders
A
18
Q
Scope
A
19
Q
Laws/regulations
A
20
Q
Professional behavior
A
21
Q
Non-compliance with laws and regulations (NOCLAR)
A
22
Q
Corporate governance
A
23
Q
Listed
A
24
Q
Timetable
A
25
Q
Interim Audit
A
26
Q
Internal controls
A
27
Q
Understanding
A
28
Q
Documentation
A
29
Q
Assurance
A
30
Q
Large
A
31
Q
Complex
A
32
Q
Scepticism
A
33
Q
Direction
A
34
Q
Analytical procedures
A
35
Q
Implausible relations
A
36
Q
Static
A
37
Q
Materiality
A
38
Q
Inverse relationship
A
39
Q
Resources
A
40
Q
Managers
A
41
Q
Supervisors
A
42
Q
Juniors
A
43
Q
Expert
A
44
Q
Specialized Industry
A
45
Q
Context
A
46
Q
Competence
A
47
Q
Prior history
A
48
Q
Critical
A
49
Q
Mitigate
A
50
Q
Previous Auditor
A
51
Q
Appointment
A
52
Q
Policies
A
