Activity Based Risk Evaluation Model of Auditing

TABULAR FRAMEWORK

The tabular representation of ABREMA relates the four classes of activities performed by auditors (planning, evidence gathering, evidence evaluation and decision making) to the five audit stages in which they are performed (client acceptance/retention, audit planning, control testing, substantive testing and opinion formulation). More ...

ABREMA is a normative model of financial statement auditing. There are three ways to view the model. Firstly, by beginning with the BASIC CONCEPTS underlying the model and drilling down to the glossary of auditing terms. Secondly, by going directly to the INDEX TO THE GLOSSARY and selecting the auditing terms of interest. Those familiar with auditing terminology may choose the third option: to view the TABULAR FRAMEWORK, a tabular representation of the ABREMA model.

Viewers familiar with auditing concepts, but not the ABREMA model, are invited to firstly read the Executive Summary.