Question

"Course Wrap-Up" Please respond to the following: • Discuss the way in which the concepts of this course can be applied to your current or future work position.

Course name: Auditing and Attestation. Business environment and concept

Answer 1

The concepts of this course will aptly apply to my future work position. I have gained comprehensive knowledge on different topics like AICPA professional standards, standards for public company engagements, standards for international audits, as well as standards for governmental audits.

In the future I plan to work in an auditing firm of repute. The knowledge gained through this course will help me be a part of different auditing assignments that is being undertaken by my employer. I have also gained extensive knowledge, through this course, with regards to the entire auditing process, generally accepted auditing standards, as well as standards related to attest engagements.

My knowledge on topics like ethics, professional responsibilities, general principles, assessing risks and developing a planned process, performing further procedures and obtaining evidence, forming conclusions and reporting and accounting and review services will stand me in good stead in my future professional engagements.