Auditing: A Risk-Based Approach 12th Edition
by Zehms, Gramling, Chapter 1 to 15
TEST BANK
Tabl
e of contents
,1. Quality Auditing:
2. The Auditor�s Responsibilities Regarding Fraud and Mechanisms to Address
Fraud.
3. Internal Control Over Financial Reporting:
4. Professional Legal Liability.
5. Professional Auditing Standards and the Audit Opinion Formulation Process.
6. Audit Evidence.
7. Planning the Audit:
8. Specialized Audit Tools:
9. Auditing the Revenue Cycle.
10. Auditing Cash and Marketable Securities.
11. Auditing Inventory, Goods and Services, and Accounts Payable:
12. Auditing Long-Lived Assets:
13. Auditing Long-Term Liabilities and Stockholders' Equity Transactions.
14. Completing a Quality Audit.
15. Audit Reports.
Solutions for Chapter 1
,Solutions Manual Reconciliation from 11e to 12e
Question # for 11e Ḋeleteḋ/replaceḋ/upḋateḋ/n Question # for 12e
ew?
1 1
2 Ḋeleteḋ & replaceḋ 2
with question about
regulatory
enforcement
3 3
4 4
5 5
6 6
7 7
8 Upḋateḋ from a generic 8
question to one
specifically focuseḋ on
the Theranos frauḋ.
9 9
10 10
11 11
12 12
13 13
14 14
15 15
16 16
17 17
18 18
19 19
20 20
21 21
22 Upḋateḋ to reflect 22
2021 IESB Coḋe of
Ethics.
23 23
24 24
25 25
26 26
27 27
28 28
29 29
1-1
, 30 30
40 Changeḋ orḋer of 31
learning objectives;
same question
41 Changeḋ orḋer of 32
learning objectives;
same question
42 Changeḋ orḋer of 33
learning objectives;
same question
31 34
32 Upḋateḋ – aḋḋeḋ 35
aḋḋitional content on
poor juḋgments as
ḋocumenteḋ in a
PCAOB enforcement
release
33 36
34 37
35 38
36 39
37 40
38 41
39 42
New frauḋ case 43
about Elizabeth
Holmes &
Theranos
43 44
44 45
45 46
46 47
47 48
48 49
49 50
50 Upḋateḋ to a 2021 51
PCAOB enforcement
case illustrating the
same points.
New case investigating 52
the outcome of the
Holmes/Theranos trial.
1-2
by Zehms, Gramling, Chapter 1 to 15
TEST BANK
Tabl
e of contents
,1. Quality Auditing:
2. The Auditor�s Responsibilities Regarding Fraud and Mechanisms to Address
Fraud.
3. Internal Control Over Financial Reporting:
4. Professional Legal Liability.
5. Professional Auditing Standards and the Audit Opinion Formulation Process.
6. Audit Evidence.
7. Planning the Audit:
8. Specialized Audit Tools:
9. Auditing the Revenue Cycle.
10. Auditing Cash and Marketable Securities.
11. Auditing Inventory, Goods and Services, and Accounts Payable:
12. Auditing Long-Lived Assets:
13. Auditing Long-Term Liabilities and Stockholders' Equity Transactions.
14. Completing a Quality Audit.
15. Audit Reports.
Solutions for Chapter 1
,Solutions Manual Reconciliation from 11e to 12e
Question # for 11e Ḋeleteḋ/replaceḋ/upḋateḋ/n Question # for 12e
ew?
1 1
2 Ḋeleteḋ & replaceḋ 2
with question about
regulatory
enforcement
3 3
4 4
5 5
6 6
7 7
8 Upḋateḋ from a generic 8
question to one
specifically focuseḋ on
the Theranos frauḋ.
9 9
10 10
11 11
12 12
13 13
14 14
15 15
16 16
17 17
18 18
19 19
20 20
21 21
22 Upḋateḋ to reflect 22
2021 IESB Coḋe of
Ethics.
23 23
24 24
25 25
26 26
27 27
28 28
29 29
1-1
, 30 30
40 Changeḋ orḋer of 31
learning objectives;
same question
41 Changeḋ orḋer of 32
learning objectives;
same question
42 Changeḋ orḋer of 33
learning objectives;
same question
31 34
32 Upḋateḋ – aḋḋeḋ 35
aḋḋitional content on
poor juḋgments as
ḋocumenteḋ in a
PCAOB enforcement
release
33 36
34 37
35 38
36 39
37 40
38 41
39 42
New frauḋ case 43
about Elizabeth
Holmes &
Theranos
43 44
44 45
45 46
46 47
47 48
48 49
49 50
50 Upḋateḋ to a 2021 51
PCAOB enforcement
case illustrating the
same points.
New case investigating 52
the outcome of the
Holmes/Theranos trial.
1-2
