دليل المعايير المحاسبية الدولية في التعليم العالي

Audit is a systematic and independent examination of financial information to express an opinion on its fairness.

Assurance is a positive statement made by an auditor about the reliability of financial information.

Financial Reporting is the process of communicating financial information to users.

Financial statement audit is an audit of a company's financial statements to express an opinion on whether they are fairly presented.

Operational audit is an audit of a company's operations to assess their efficiency and effectiveness.

Compliance audit is an audit to determine whether a company is complying with laws and regulations.

Planning involves gathering information about the company and its industry, assessing the risks of material misstatement, and developing an audit plan.

Execution involves performing audit procedures to gather evidence about the company's financial information.

Reporting involves issuing an audit report that expresses an opinion on the fairness of the financial statements.

International Standards on Auditing (ISAs) are a set of standards issued by the International Auditing and Assurance Standards Board (IAASB) that govern the conduct of audits.

Generally Accepted Auditing Standards (GAAS) are a set of standards issued by the American Institute of Certified Public Accountants (AICPA) that govern the conduct of audits in the United States.

Unqualified opinion is an opinion that the financial statements are fairly presented in all material respects.

Qualified opinion is an opinion that the financial statements are fairly presented, but with some exceptions.

Adverse opinion is an opinion that the financial statements are not fairly presented.