Miles Flashcards

1
Q

10 GAAS

A

General
T
I
P

Field
P
I
C

Report
All
Clean
And
Dirty
Elements
(Introduction to Auditing)
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2
Q

General Standards of GAAS

A

Training and Proficiency
Independence in Fact and Appearance
Professional Care (Due Diligence)
(Introduction to Auditing)

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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

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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)

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