AUD

The American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct, the conceptual framework, independence rules, and issuer requirements.

Client acceptance, predecessor communications, engagement letters, and quality management under the Statements on Quality Management Standards (SQMS).

Setting overall materiality, performance materiality, and the clearly trivial threshold, plus developing the audit strategy.

The five Committee of Sponsoring Organizations of the Treadway Commission (COSO) components, controls to evaluate, and communicating deficiencies.

Combining inherent and control risk to plan the nature, timing, and extent of audit procedures.

The fraud triangle, required fraud procedures, and the auditor's responsibility for detecting fraud.

Designing further audit procedures: nature, timing, and extent, and choosing between controls reliance and substantive testing.

Statistical and nonstatistical sampling, sampling risk, and how sample size responds to risk and tolerable misstatement.

The hierarchy of audit evidence reliability and the eight types of audit procedures.

Using analytical procedures in planning, as substantive tests, and in the final review stage.

Evaluating management's estimates, identifying management bias, and auditing fair value measurements.

Identifying related-party transactions and evaluating substantial doubt about going concern.

General and application controls, auditing around vs. through the computer, and using data analytics.

Component auditors, using internal audit's work, and using the work of a specialist.

Management representation letters, subsequent events procedures, and wrapping up the engagement.

Choosing between unmodified, qualified, adverse, and disclaimer opinions, and adding emphasis-of-matter paragraphs.

Statements on Standards for Accounting and Review Services (SSARS) engagements — preparation, compilation, and review — plus agreed-upon procedures.

Attestation engagements — examination, review, and agreed-upon procedures (AUP) — and System and Organization Controls (SOC) 1, 2, and 3 reports.