Mhe Australia AUDITING and ASSURANCE SERVICES

Part 1: THE AUDITING AND ASSURANCE SERVICES PROFESSION
1. Assurance and auditing: an overview
2. Audit regulation, structure of the profession and auditor's liability
3. Ethics, independence and corporate governance

Part 2: PLANNING AND RISK ASSESSMENT
4. Overview of elements of the financial report audit process
5. Planning, understanding the entity and assessing business risk
6. Assessing inherent risk, and other specific business risks
7. Understanding and assessing internal control

Part 3: RESPONSE TO ASSESSED RISKS: TESTS OF CONTROLS AND TESTS OF DETAILS
8. Tests of controls
9. Substantive tests of transactions and balances
10. Audit sampling

Part 4: COMPLETION AND COMMUNICATION
11. Completion and review
12. The auditor's reporting obligations

Part 5: OTHER ASSURANCE SERVICES
13. Other assurance services and advanced topics
14. Internal auditing
15. Audit and assurance services in the public sector

Appendix: Continuous case study: background information