CTBK
What is the receptionist's name?
Gwen!
What was the accounting firm that audited ENRON corporation?
Arthur Anderson
What is the risk that the financial statements will be materially misstated?
Audit Risk
What website does the firm use to verify bank and loan account information for the Auditee's accounts?
This is what you do when you are completely finished working on a workpaper.
Sign off
Name 2 partners other than "CTBK"
Sutherland, Brady, Pellish, Schaffstall, Colca, Alexin, Antonelli, Neyman, Fitzgerald, McDonough, Maze, Aceti
What notorious Chicago criminal was arrested for tax evasion in 1931 by forensic accountants with the FBI?
Al Capone
The purpose of an audit is to provide assurance that the financial statements are presented fairly, in all material respects, in accordance with these.
Generally Accepted Accounting Principles
This is what the auditor does to test the control that is listed in the narrative provided by the client
Perform a walkthrough
What is the name of the software that we use to enter our time?
Deltek
If you are interested in serving the community, which CTBK committee should you reach out to?
Helping Hands
What firm incorrectly announced "La La Land" as the Oscar's Best Picture winner in 2017?
PwC
2-9% of fraud is uncovered by this group of people
External Auditors
The following audit assertions are used in this A/P testing: Completeness, accuracy, cutoff
Subsequent Disbursements
What procedure needs to be done so that a file is not "read only"?
What year was the firm founded?
1994
What soft cohesive candy product (ranging in flavors from fruity to minty) was invented by Philadelphia accountant Walter E. Diemer in 1926?
Bubble Gum
In what section of the binder would you see the following: Depreciation Expense, R&M, rollforward.
Fixed Assets
These are certain strengths that we identify during our analysis of internal control narratives.
Key Controls
This central file room is where audit clients are located
Engagement
What is the name of the (notoriously famous) mini-golf tournament held at 45 Bryant Woods every year?
The Berber Classic
Which member of the Rolling Stones was an accountant prior to their career in music taking off?
Mick Jagger
Which basis of accounting records transactions in the period that they occur?
Accrual Basis
What procedure is usually done to verify the existence of a balance sheet item on the audit date (12/31)?
Inventory Observations
Do you need to lick envelopes when sending paper confirmations?
No