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AICPA CPA-Auditing Exam - Topic 2 Question 45 Discussion

Posted by Stephen on May 05, 2022 at 04:02 PM

When auditing an entity's financial statements in accordance with Government Auditing Standards (the Yellow Book), an auditor is required to report on:

i. Noteworthy accomplishments of the program.

ii. The scope of the auditor's testing of internal controls.

Suggested Answer: B

Choice 'b' is correct. When auditing an entity's financial statements in accordance with Government Auditing Standards, an auditor is required to report on the scope of the auditor's testing of internal control, but not on noteworthy accomplishments of the program.

Choices 'a', 'c', and 'd' are incorrect, based on the above Explanation: .


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10 comments · newest first
PA
Patrick 11 months ago
Wait, are we sure about that? Sounds a bit off.
AM
Amber 12 months ago
I agree, both need to be reported for a complete audit.
RO
Rosio 12 months ago
Surprised to see "noteworthy accomplishments" in there!
TA
Tamesha 12 months ago
I thought it was just about internal controls?
DE
Denny 1 year ago
Definitely both I and II! That's how it should be.
NE
Nettie 1 year ago
This seems straightforward - I'd go with option A since it focuses on the visitor's experience during the promotion, which is the key requirement.
MI
Mitzie 1 year ago
Wait, I'm confused. Are the examples all examples of reinforcement, or could some of them be other behavior modification strategies? I need to think this through carefully.
ST
Stephaine 1 year ago
I remember practicing a question that discussed selecting information systems, but I'm torn between that and labor force requirements.
CO
Corrina 1 year ago
The key here is identifying which system typically involves design concurrently with manufacturing. I think C, project-based, is the best answer based on what I know about these systems.
TO
Tony 1 year ago
Hmm, I'm a bit confused on this one. I'm not sure if I should go with the load balancer or the SAP Web Dispatcher. I'll need to review the details more carefully.
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