Auditing and Attestation Exam Overview

Auditing and Attestation Exam

• Exam duration: four and one-half hours
• Format: three multiple-choice testlets (approximately 30 questions each) and two simulations

Module 1: Engagement Planning (ENPL)

• Multiple-Choice Questions: 122
• Essay Questions:
  • Other Auditors and Planning (15-25 minutes, page 20, problem 39)
  • Fraud (15-25 minutes, page 20, problem 39)
  • Planning Checklist—Computer Refurbishing Company (15-25 minutes, page 20, problem 40)
• Simulations: 2 (22 minutes, page 41)

Module 2: Internal Control (IC)

• Multiple-Choice Questions: 137
• Essay Questions:
  • Billing and Cash Receipts Weaknesses (25-35 minutes, page 56, problem 77)
  • Internal Control Questionnaire—Payroll (15-25 minutes, page 56, problem 77)
  • Communicating with the Audit Committee (25-35 minutes, page 56, problem 78)
• Simulations: 2 (58 minutes, page 80)

Module 3: Evidence (EVID)

• Multiple-Choice Questions: 181
• Essay Questions:
  • Audit Program for Accounts Payable (15-25 minutes, page 100, problem 129)
  • Audit Program—Accounts Receivable (15-25 minutes, page 100, problem 129)
  • Analytical Procedures (15-25 minutes, page 100, problem 129)
  • Litigation (15-25 minutes, page 100, problem 130)
  • Going Concern (25-35 minutes, page 101, problem 130)
  • Reconciling Confirmation Replies (25-35 minutes, page 101, problem 131)
• Simulations: 3 (104 minutes, page 133)

Module 4: Reporting (REPT)

• Multiple-Choice Questions: 179
• Essay Questions:
  • Analyze a Compilation Report (15-25 minutes, page 155, problem 179)
  • Report Deficiencies (15-25 minutes, page 155, problem 179)
  • Reports on Prospective Financial Statements (15-25 minutes, page 155, problem 179)
  • Analyze Audit Report (15-25 minutes, page 156, problem 180)
  • Compliance Report (15-25 minutes, page 156, problem 180)
• Simulations: 1 (158 minutes, page 181)

Module 5: Audit Sampling (AUDS)

• Multiple-Choice Questions: 58
• Essay Questions:
  • Attribute Sampling (15-25 minutes, page 190, problem 201)
  • Steps in a Substantive Sampling Plan (15-25 minutes, page 190, problem 201)
  • Analyze Sampling Plan (15-25 minutes, page 190, problem 201)
• Simulations: 2 (191 minutes, page 203)

Module 6: Auditing with Technology (ATEC)

• Multiple-Choice Questions: 33
• Essay Questions:
  • Using Microcomputer Software (15-25 minutes, page 208, problem 214)
  • Computerized Audit Procedures—Inventory (15-25 minutes, page 208, problem 214)
  • Computer Assisted Audit Techniques (15-25 minutes, page 208, problem 215)
  • Computerized Audit Tools (15-25 minutes, page 208, problem 215)
• Simulations: 1 (209 minutes, page 216)

Additional Information

• Sample Examination (Appendix A)
• Sample Testlets (Appendix C)
• Simulations (Appendix B)

Prepare for the Auditing and Attestation Exam with this comprehensive overview covering modules on Engagement Planning, Internal Control, and Evidence. The exam includes multiple-choice questions, essay questions, and simulations to test your knowledge. Gain insights into planning and assessing audit processes through practical scenarios.