Preliminary Engagement Activities

Auditing Theory: Concept and Practice Tutorial Series covers the necessary skill and knowledge that will help in passing the CPA Licensure Exam and information that will guide auditors in performing auditing and related services. This video aims to help the viewers understand and review the relevant steps in accepting an audit engagement. Hi guys! The following list provides the topics discussed in this tutorial. 0:00 - Start 3:00 - Considering Client Integrity 13:18 - Communication with Predecessor Auditor 19:20 - Firm and Personnel Competence, Capabilities, and Resources 26:05 - Compliance to Relevant Ethical Requirements 30:13 - Independence and Professional Skepticism 36:10 - Acceptable Financial Reporting Framework 41:20 - Obtain Management Representation (Management Representation Letter) 48:27 - Obtain Agreement with the Client (Engagement Letter) Facebook Page:   / akawntingpage   Youtube Channel:    / akawnting   Visit our blog: https://akawnting.com