compliance audits

Question 1

Understand the circumstances in which AU 935 (SAS No. 117), “Compliance Audits,” is applicable, along with the auditor’s responsibilities under this SAS.

Answer 1

f

Question 2

objective of compliance audit

Answer 2

express opinion of applicable compliance requirements

identify requirements that are supplementary to gaas and gagas

Question 3

should perform _____ to obtain an understanding of the applicable compliance requirements, and internal control over compliance.

Answer 3

risk assessment procedures

should assess the risk of material noncompliance (pervasive)

Question 4

auditor should identify andy

Answer 4

supplementary audit requirements

Question 5

the opinion is directed at compliance at the ____ level
the auditor may issue 1 a separate report on compliance, a 2 combined report on compliance and on IC over compliance or 3 separate report on IC over compliance.

Answer 5

program