๐ CPA Exam (AUD) - Study Guide
๐ Course Structure
๐ Chapter 1: Understanding the Entity and Its Environment
What this chapter covers:
๐ Essential Concepts & Formulas
๐ ๏ธ Problem Types
Type A: Impact of Economic Events
Type B: Identifying Economic Indicators
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โ Mistake:
๐ Chapter 2: Understanding the Control Environment and Business Processes
What this chapter covers:
๐ Essential Concepts & Formulas
๐ ๏ธ Problem Types
Type A: Classifying Controls
Type B: Evaluating Control Deficiencies
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โ Mistake:
๐ Chapter 3: Identifying and Assessing RMM
What this chapter covers:
๐ Essential Concepts & Formulas
๐ ๏ธ Problem Types
Type A: Assessing Control Risk
Type B: Modifying Substantive Procedures
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โ Mistake:
๐ Chapter 4: Specific Areas of Engagement Risk and Consideration
What this chapter covers:
๐ Essential Concepts & Formulas
๐ ๏ธ Problem Types
Type A: Evaluating Accounting Estimates
Type B: Identifying Related Party Transactions
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โ Mistake:
๐ Chapter 5: Sufficient Appropriate Evidence
What this chapter covers:
๐ Essential Concepts & Formulas
๐ ๏ธ Problem Types
Type A: Evaluating Sufficiency
Type B: Assessing Reliability
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โ Mistake:
๐ Chapter 6: Procedures to Obtain Evidence
What this chapter covers:
๐ Essential Concepts & Formulas
๐ ๏ธ Problem Types
Type A: Selecting Audit Procedures
Type B: Applying Audit Procedures
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โ Mistake:
๐ Chapter 7: Sampling
What this chapter covers:
๐ Essential Concepts & Formulas
๐ ๏ธ Problem Types
Type A: Attribute Sampling Calculations
Type B: Variable Sampling Calculations
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โ Mistake:
๐ Chapter 8: Audit Data Analytics
What this chapter covers:
๐ Essential Concepts & Formulas
๐ ๏ธ Problem Types
Type A: Identifying ADA Types
Type B: Applying ADAs
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โ Mistake: