Leading questions: Leading questions are best avoided in most audit situations, as they can suggest a particular answer or push the auditee towards a specific response.
However, they may occasionally be useful to confirm understanding or test an auditee's honesty..
An auditor is looking for the truth.
A guess, even if it is an educated guess, is not the truth.
Therefore, do not guess your answer, unless you are asked to give an opinion; and then make clear that your answer is an opinion, not a statement of fact..
AUD is a difficult exam section, but it's not impossible to pass.
The Gleim Premium CPA Review course can help you pass AUD on your first attempt.
Our course covers the exam content better than any other and always contains the most up-to-date information..
"Auditing is such an examination of the books, accounts and vouchers of a business's shall enable the auditor to satisfy himself whether or not the balance sheet is properly drawn up so as to exhibit a true and correct view of the state of affairs of the business according to his best of the information given to him .
AUD is a difficult exam section, but it's not impossible to pass.
The Gleim Premium CPA Review course can help you pass AUD on your first attempt.
Our course covers the exam content better than any other and always contains the most up-to-date information..
Approach to examining the syllabus The Advanced Audit and Assurance exam builds upon the skills and knowledge examined in the Audit and Assurance exam
At this stage candidates will be expected to demonstrate an integrated knowledge of the subject
The auditor’s responsibility is to conduct an audit of the financial statements in accordance with auditing standards and report the findings of the audit in the auditor’s report
3) Distinguish between the terms errors and fraud
What is the auditor’s responsibility for finding each?
