Professional Documents
Culture Documents
CORPORATE GOVERNANCE,
AUDIT STANDARDS
Define Corporate Governance
Scope:
Auditing standards for the audits of small
non-public companies
Assess:
Audit Risk
Quality of Internal Control
Accounting assertions
Materiality
Accounting policies and procedures
Anticipate financial statement items likely
to require adjustment
Identify factors that might require
modification of audit tests
Determine the type of reports to be issued
Overview of Audit Process: