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CA Final Audit Standards
·
Module 3
Responding to Assessed Risks
1
Responding to Risks at the Financial Statement Level
Design overall responses to address assessed risks of material misstatement at the financial statement level (SA 330).
2
Responding to Assessed Risks: Further Audit Procedures
Design and perform further audit procedures (tests of controls and substantive procedures) at the assertion level in response to assessed risks (SA 330).
3
Fraud vs. Error: Auditor's Responsibilities (SA 240)
Distinguish between fraud and error, and explain the auditor's specific responsibilities relating to fraud as per SA 240.
4
Auditing Management Override of Controls
Describe specific audit procedures to address the risk of management override of controls.
Revenue Recognition Fraud: Audit Procedures
Explain the presumption of fraud risk in revenue recognition and the audit procedures to address it.
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Planning, Materiality, and Risk Assessment
Next module
Audit Evidence and Documentation