Coduct Of The Audit Flashcards
0
Q
What r Gaas diff from Isa
A
Gaas don’t reference “true n fair view”, summary of significant acctng policies, comply w ethics.
1
Q
What r the general requirements fro the conduct of an audit n explain
A
Professional skepticism - recognize that conditions may exist to cause FS tb materially misstated
Ethical requirements - comply w ethics
Professional judgement -
Sufficient appropriate audit evidence audit risk - acceptable audit evidence to reduce risk
Comply w Gaas
