Miles Flashcards
1
Q
10 GAAS
A
General
T
I
P
Field
P
I
C
Report All Clean And Dirty Elements (Introduction to Auditing)
2
Q
General Standards of GAAS
A
Training and Proficiency
Independence in Fact and Appearance
Professional Care (Due Diligence)
(Introduction to Auditing)
3
Q
Field Standards of GAAS
A
Field
Planning And Supervision
Internal Control, Understand And Assess RMM, Test of Controls, Substantive Procedures
Corroborate Audit Evidence, Sufficient And Appropriate
4
Q
Report All Clean And Dirty Elements
A
REPORT
ALL “Whether accounting principles are in accordance with GAAP”
CLEAN Consistency, implicit
AND
DIRTY Disclosures, implicit
ELEMENTS Expression of an opinion, explicit
(Introduction to Auditing)