|
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
|