Contents: Audited financial statements: the basics -- Professional standards -- Reports on audited financial statements -- Reports on comparative financial statements -- Events occurring after year-end -- Reporting on other information -- Task-based simulations -- Class questions -- Quality control standards -- Other engagements, reports and accounting services -- Compilation and review of financial statements -- Reporting on comparative financial statements -- Review of interim financial information -- Letters for underwriters -- Attest engagements -- Class questions -- Engagement acceptance and understanding the assignment -- Planning and supervision -- Audit risk -- Fraud risk -- Assessing the risk of material misstatement -- Internal control -- Responding to the assessed risk of material misstatement -- Class questions -- Audit evidence -- Audit procedures by transaction cycle -- Other audit procedures -- Evaluating audit findings -- Class questions -- Audit sampling -- Internal control communications -- Communication with those charged with governance -- Management representations -- Class questions -- Professional responsibilities -- Audit documentation -- The effect of information technology on the audit -- Government auditing -- Class questions --