| This discussion concentrates on the ten generally accepted auditing standards, quality control, Government Auditing Standards, and audit planning. This lecture includes the steps in the audit process, types of audits, peer reviews, predecessor auditors, client background information, risk, materiality, errors, fraud, and illegal client acts. Bill Thomas provides insight on solution techniques and how the examiners test these topics while discussing 27 multiple-choice questions. This viewer guide, but not the corresponding Version 7 video, is updated for new standards, including the risk assessment standards. The approximate time is 2:45. |