Making School Fun
An easy way to remember what you learned in school
Home Page ENGLISH LANGUAGES MATH MUSIC RELIGION SCIENCE SOCIAL STUDIES MISC Contact Us Accounting BLOGS

 


























 

GENERALLY ACCEPTED AUDITING STANDARDS

TIPS SEE ACDE

T - Training

I - Independence

P- Performance

S - Supervision & Planning

E - Entity and its Environment

E - Evidence

A - Accounting = U.S. GAAP

C - Consistency

D - Disclosure

E - Expressing an Opinion

(General Standards are TIP; Standards of Field Work - SEE; Standard of Reporting - ACDE)

ASSERTIONS

COVES

C - Completeness

O - Obligations & Rights

V - Valuation or Allocation

E - Existence or Occurance

S - Statement Presentation & Disclosure

 

INTERNAL CONTROL COMPONENTS

CRIME

C - Control Activities

R - Risk Assessment

I - Information & Communication

M - Monitoring

E - Control Environment

 

QUALITY CONTROL

I'M APE

I - Independence, Integrity & Objectivity

M-Monitoring

A - Acceptance & Continuance of Clients

P - Personal Management

E - Engagement Performance

 

PERSONAL MANAGEMENT

HEAD

Hiring, Engagements assignments, Advancement, professional Development