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Mention the Rules of the AICPA Code of Professional Conduct. Which one you consider the most relevant to the auditor while performing an audit and

  1. Mention the Rules of the AICPA Code of Professional Conduct. Which one you consider the most relevant to the auditor while performing an audit and why?

2. Define the components of the audit risk formula ( AR = IR x CR x DR ) and how it relates to the audit work.

3. What is management assertions and how them are related to the financial statements audit?

4. Discuss the relevance of audit evidence. Which type of audit evidence is most relevant to the audit?

5. Which are the overall categories of audit procedures to obtain sufficient and appropriate audit evidence?

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