CICPA Audit (注册会计师 审计) - independent subject foundations cheat sheet
CICPA Audit (注册会计师 审计) - independent subject foundations · Keep the key ideas within reach.
Audit purposes, risk, ethics and engagement planning
Identify the engagement purpose, criteria and responsibilities.
An audit opinion is not an absolute guarantee.
Objectivity and ethics require analysis of actual threats and responsibilities.
Risk assessment links procedures to reasons a material error could arise.
Local legal powers and professional adoption are not inferred from international labels.
Audit evidence, assertions, sampling and transaction cycles
Link each procedure to an assertion or criterion.
Tracing and vouching direction can change the question answered.
Existence, ownership, completeness and valuation need distinct evidence.
Sample size does not cure an incomplete or biased population.
A count or walkthrough alone does not prove every reporting assertion.
Completion, quality, documentation and supported reporting
Documentation connects objective, evidence, judgment and conclusion.
A promised correction does not automatically erase an existing reporting issue.
Misstatement and inability to obtain evidence have different implications.
Key audit matters and opinion modifications are not interchangeable.
Communicate actual scope and limitations without implying unperformed assurance.