Wiley CPAexcel Exam Review 2016 Study Guide January: Auditing and Attestation

by O. Ray Whittington

Overview

The Wiley CPAexcel Study Guides have helped over a half million candidates pass the CPA Exam. This volume contains all current AICPA content requirements in Auditing and Attestation (AUD).

The comprehensive four-volume paperback set (AUD, BEC, FAR, REG) reviews all four parts of the CPA Exam. With 3,800 multiple-choice questions. The CPA study guides provide the detailed information candidates need to master or reinforce tough topic areas. The content is separated into 48 modules.

• Unique modular format—helps candidates zero in on areas that need work, organize their study program, and concentrate their efforts.

• Comprehensive questions—over 3,800 multiple-choice questions and their solutions in the complete set (AUD, BEC, FAR, REG).

• Guidelines, pointers, and tips show how to build knowledge in a logical and reinforcing way.

Arms test-takers with detailed text explanations and skill-building problems to help candidates identify, focus on, and master the specific topics that may need additional reinforcement.

Available in print format.

Product Details

ISBN-13:	9781119119968
Publisher:	Wiley
Publication date:	12/07/2015
Edition description:	Study Guide
Pages:	744
Product dimensions:	8.40(w) x 10.80(h) x 1.80(d)

About the Author

O. RAY WHITTINGTON, CPA, PHD, CMA, CIA, is Dean of the Driehaus College of Business and Kellstadt Graduate School of Business at DePaul University. Ray is a former member of the AICPA Auditing Standards Board and the AICPA Accounting and Review Services Committee. He is also the coauthor of Audit Sampling: An Introduction, Fifth Edition, available from Wiley.

Table of Contents

Preface v

About the Author vi

About the Contributor vi

INTRODUCTION 1

Chapter 1: Beginning Your CPA Review Program 3

Chapter 2: Examination Grading 17

Chapter 3: Solutions Approach 19

Chapter 4: Taking the Examination 27

Chapter 5: Exam Content Overview 31

AUDITING AND ATTESTATION 39

Module 1: Professional Responsibilities 41

Module 2: Engagement Planning, Obtaining an Understanding of the Client and Assessing Risks 99

Module 3: Understanding Internal Control and Assessing Control Risk 161

Module 4: Responding to Risk Assessment: Evidence Accumulation and Evaluation 229

Module 5: Reporting 315

Module 6: Accounting and Review Services 413

Module 7: Audit Sampling 447

Module 8: Auditing with Technology 487

Module 41: Information Technology (Supplement) 505

APPENDICES 537

Appendix A: Outlines of Professional Standards 539

Appendix B: Auditing and Attestation Sample Examination 671

Appendix C: Sample Auditing and Attestation Testlet Released by AICPA 699

Appendix D: 2015 Released AICPA Questions for Auditing and Attestation 705

INDEX 725