Review authoritative guidance for audit sampling and the potential for external auditor reliance on internal auditors. Understand and apply concepts related to audit sampling to project results with certainty. Available reference materials include AICPA Codification of Statements, AICPA Audit Guide,

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Data analytics plays a crucial role in enhancing audit efficiency, as recognized by the AICPA. Using tools like Generalized Audit Software (GAS) and applications such as IDEA and Excel can significantly reduce the time and complexity of conducting audit tests. IDEA pre-programmed queries offer a men

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In the Executive Education Series by CBIZ & MHM, key information from the 2019 AICPA EBP Conference is highlighted. The session covers aspects of tax, audit, attest, and advisory services provided by over 2,900 professionals nationwide. The webinar offers CPE credit and emphasizes the need for detai

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The content discusses recent developments in auditing standards, including the release of SAS 145 by the AICPA and an Audit Guide on Risk Assessment. It also highlights various SAS numbers, topics, effective dates, and sections affected, providing insights into the evolving landscape of auditing pra

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Savigny's theory of law, centered around Volksgeist as the sole source of law, has faced criticisms for overlooking other factors influencing legal development. Critics argue that institutions like slavery were not shaped by Volksgeist but by ruling oligarchies, and Savigny's disregard for legislati

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Independence considerations are crucial when assisting attest clients with FASB ASC 606 implementation. General requirements and dos and don'ts must be followed to maintain independence. Factors to assess independence include client responsibility, training provided, and extent of involvement. Audit

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Ethics play a crucial role in guiding behavior and decision-making in professional settings. While laws set certain standards, ethics go beyond mere legality to define what is morally acceptable. Teaching ethics is essential, as shown by research in various fields such as public accounting. Codes of

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Overhead costs are supplementary expenses that cannot be easily allocated to specific cost objects. This includes indirect materials, labor, and expenses. Accounting and control of overheads involve steps like classification, codification, collection, allocation, apportionment, absorption, under/ove

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Streamline data management processes in the new CountrySTAT platform through training focal points on the CountrySTAT/FENIX system. Learn the ins and outs of the Data Structure Definition (DSD) editor, data uploading, and dataset editing. Explore the workflow for creating and publishing tables, ensu

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