Title Details

O. RAY WHITTINGTON, CPA, PhD, CMA, CIA, is Dean of the Driehaus College of Business and Kellstadt Graduate School of Business at DePaul University. Ray is a former member of the AICPA Auditing Standards Board and the AICPA Accounting and Review Services Committee. He is also the coauthor of Audit Sampling: An Introduction, Fifth Edition, available from Wiley.

About the Authors ix

About the Contributor ix

INTRODUCTION

Chapter 1: Beginning Your CPA Review Program 3

Chapter 2: Examination Grading 14

Chapter 3: The Solutions Approach 15

Chapter 4: Taking the Examination 22

Chapter 5: Exam Content Overview 26

AUDITING AND ATTESTATION

Module 1: Professional Responsibilities 49

Module 2: Engagement Planning, Obtaining an Understanding of the Client and Assessing Risks 93

Module 3: Understanding Internal Control and Assessing Control Risk 151

Module 4: Responding to Risk Assessment: Evidence Accumulation and Evaluation 234

Module 5—Version 1: Reporting (For students taking the exam before June 30, 2013) 316

Module 5—Version 2: Reporting (For students taking the exam after June 30, 2013) 388

Module 6: Accounting and Review Services 462

Module 7: Audit Sampling 497

Module 8: Auditing with Technology 531

Outlines of Professional Standards 546

Statements on Auditing Standards (For students taking the exam before June 30, 2013) 563

Clarified Statements on Auditing Standards (For students taking the exam after June 30, 2013) 652

Information Technology Supplement 753

APPENDICES

Appendix A: Auditing and Attestation Sample Examination 785

Appendix B: Sample Auditing and Attestation Testlet Released by the AICPA 811

Appendix C: 2012 Released AICPA Questions for Auditing and Attestation 818

INDEX 837