Free CPA AUD (Auditing & Attestation) Lessons

All 60 CPA AUD (Auditing & Attestation) lessons are free to read, each with worked examples and audio narration. No signup required.

Ethics, Professional Responsibilities and General Principles

• AICPA Code of Professional Conduct (15 min)
• SEC and PCAOB Independence Rules (14 min)
• GAO and DOL Independence Rules (16 min)
• Professional Skepticism and Judgment (12 min)
• Audit Engagements (13 min)
• Government Auditing Standards Engagements (12 min)
• Other Attestation and Service Engagements (12 min)
• Preconditions for an Engagement (10 min)
• Terms of Engagement and Engagement Letter (14 min)
• Engagement Documentation (13 min)
• Planned Scope and Timing of Audit (12 min)
• Communicating Internal Control Matters (12 min)
• Audit and Assurance Quality (12 min)

Assessing Risk and Developing a Planned Response

• Overall Engagement Strategy (11 min)
• Engagement Plan (12 min)
• External Factors (12 min)
• Internal Factors (13 min)
• COSO Internal Control Framework (14 min)
• Control Environment and IT General Controls (15 min)
• Business Processes and Internal Control Design (18 min)
• Service Organizations (16 min)
• Control Limitations and Management Override (14 min)
• Materiality for the Financial Statements (12 min)
• Performance Materiality (11 min)
• Risk Assessment and Response (23 min)
• Using the Work of Others (16 min)
• Compliance with Laws and Regulations (17 min)
• Accounting Estimates: Risk Assessment (12 min)
• Related Parties and Transactions (10 min)
• Single Audits: Planning and Risk Assessment (11 min)

Performing Further Procedures and Obtaining Evidence

• Requesting, Preparing, and Transforming Data (14 min)
• Reliability of Data and Information (13 min)
• Data Analytics (12 min)
• Sufficient Appropriate Evidence (11 min)
• Sampling Techniques (15 min)
• Tests of Controls and Tests of Details (12 min)
• Analytical Procedures (14 min)
• External Confirmations (13 min)
• Accounting Estimates: Procedures and Conclusions (14 min)
• Investments in Securities (17 min)
• Inventory and Inventory Held by Others (15 min)
• Litigation, Claims and Assessments (12 min)
• An Entity's Ability to Continue as a Going Concern (12 min)
• Uniform Guidance for Single Audits (13 min)
• Misstatements and Internal Control Deficiencies (15 min)
• Written Representations (13 min)
• Subsequent Events and Subsequently Discovered Facts (14 min)

Forming Conclusions and Reporting

• Reporting on Audit Engagements (13 min)
• Examination or Review Engagements (13 min)
• Agreed-Upon Procedures Engagements (13 min)
• Preparation Engagements (12 min)
• Compilation Engagements (16 min)
• Review Engagements (16 min)
• Reporting on Compliance (15 min)
• Comparative Statements and Consistency Between Periods (17 min)
• Other Information in Documents with Audited Statements (15 min)
• Review of Interim Financial Information (16 min)
• Supplementary Information (15 min)
• Additional Reporting Requirements Under GAGAS (Yellow Book) (14 min)
• Special-Purpose Frameworks (16 min)