ACC-720, Auditing and Attestation Review Course, is a graduate accounting course at Southern New Hampshire University.
SNHU's campus course listings show it as a graduate course taught face to face. Its title points to its purpose: reviewing auditing and attestation, the content of the AUD section of the Uniform CPA Examination. SNHU's detailed catalog description is not publicly available, so check your syllabus for outcomes and assessments.
Review courses feel different from first-time learning. You have met most of the material before, in auditing and advanced auditing courses, but now you need to recall it quickly, distinguish between similar engagement types and apply standards to short scenarios. Students who struggle usually know the ideas but mix up the details.
Course at a Glance
| Item | Details |
|---|---|
| University | Southern New Hampshire University (SNHU) |
| Course code | ACC-720 |
| Level | Graduate |
| Delivery | Listed in SNHU campus course offerings |
| Subject area | Auditing and attestation review |
| Typical work | Practice questions, simulations, review quizzes, short cases |
AUD Content Areas
The AICPA's AUD blueprint is organized into four content areas. They give a useful structure for any auditing and attestation review:
| AUD area | What it covers |
|---|---|
| Ethics, professional responsibilities and general principles | Independence, the AICPA Code, quality management, engagement terms |
| Assessing risk and developing a planned response | Understanding the entity, materiality, risk assessment, audit strategy |
| Performing further procedures and obtaining evidence | Tests of controls, substantive procedures, sampling, specific accounts |
| Forming conclusions and reporting | Audit opinions, review and compilation reports, other engagement reports |
Key Concepts Explained
Engagement Types and Assurance Levels
A frequent exam trap is confusing engagements. An audit gives reasonable assurance. A review under SSARS gives limited assurance, based mainly on inquiry and analytical procedures. A compilation and a preparation engagement give no assurance; a preparation engagement does not even require a report, though each page states that no assurance is provided.
| Engagement | Standards | Assurance |
|---|---|---|
| Audit (non-issuer) | AICPA auditing standards | Reasonable |
| Review of financial statements | SSARS | Limited |
| Compilation | SSARS | None |
| Examination of subject matter | SSAEs (attestation) | Reasonable |
The Audit Risk Model
Audit risk is the product of inherent risk, control risk and detection risk. The auditor assesses the first two and then sets detection risk, through the nature, timing and extent of substantive procedures, to keep overall audit risk acceptably low. Higher assessed risk means lower acceptable detection risk and therefore more persuasive evidence.
Choosing the Audit Opinion
The opinion depends on two questions: is there a misstatement or an inability to obtain evidence, and is the effect material and pervasive?
Example: The auditor finds inventory overstated by a material amount, confined to one account, and management refuses to adjust. That is a material but not pervasive misstatement, so the opinion is qualified. If the misstatement affected most of the statements, the opinion would be adverse. If the auditor simply could not observe inventory and had no alternative procedures, the issue is a scope limitation, leading to a qualified opinion or, if pervasive, a disclaimer.
Building a Review Plan
A review course rewards steady practice more than last-minute reading. Start by taking a diagnostic set of questions to find weak areas, then schedule them first while leaving the strongest topics for spaced revision. Mix multiple-choice practice with task-based simulations, since simulations test whether you can apply a standard to a document or scenario.
After every practice session, log each mistake with the reason (knowledge gap, misread question, or confused terms). Patterns in that log tell you exactly what to revise next.
Typical Assignments and How to Approach Them
| Assignment type | What it tests | How to approach |
|---|---|---|
| Practice question sets | Recall and application | Review every explanation, including for questions you got right |
| Simulations | Applying standards to documents | Read the requirement first, then the exhibits |
| Report drafting | Knowledge of report elements | Learn the paragraphs of an unmodified report, then what changes |
| Short cases | Judgment | Identify the issue, the standard and the effect on the report |
Where Students Get Stuck
- Mixing up engagement types. Learn the assurance level and report wording for each.
- Opinion modifications. Practice the material versus pervasive decision until it is automatic.
- Independence rules. Know the threats and safeguards approach and common prohibited services.
- Reading too fast. Many questions turn on one word, such as issuer versus non-issuer.
Study Tips for ACC-720
- Download the current AUD blueprint from the AICPA and use it as your checklist.
- Make comparison tables for engagements, reports and assertions.
- Do short daily question sets rather than occasional long sessions.
- Explain each standard aloud in one sentence; if you cannot, revise it.
How We Help with ACC-720
Send your syllabus, weak topics, practice results and any assignment prompts. An audit tutor can explain standards, prepare study notes and worked examples, or review written work. We do not take quizzes or exams for students. See our accounting assignment help guide for related support.
GradeEssays is independent of Southern New Hampshire University and of the AICPA. Our help is tutoring and study material; graded work must be your own under SNHU's academic integrity policy. Orders are written from scratch and include free revisions within the scope of your original request.
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Frequently Asked Questions
No. It is an SNHU course whose title shows it reviews auditing and attestation, the content of the AUD section.
Ethics, professional responsibilities and general principles; assessing risk and developing a planned response; performing further procedures and obtaining evidence; and forming conclusions and reporting.
SSARS cover compilations, reviews and preparation engagements on financial statements. SSAEs cover attestation engagements on other subject matter.
Both involve material misstatement. If the effect is pervasive, the opinion is adverse; if not, it is qualified.
Many candidates do. Use whatever your instructor recommends and align your practice with the current AICPA blueprint.
No. We explain topics, prepare study material and review written work, but you must complete graded assessments yourself.