Describe a complete audit program, Auditing

Assignment Help:

Develop a list of tasks the auditor should perform in planning this audit engagement, before any audit testing begins.

Handbook section CAS 315 lists management assertions embodied in financial statements. List and briefly describe the audit objectives that relate to these assertions.

Required: Describe a complete audit program for collecting relevant evidence for the audit of the estimated warranty liability.

Approach: Develop specific assertions related to warranty liability based on the five principles.


Related Discussions:- Describe a complete audit program

Reference to expert in the auditor''s report, Reference to an expert in the...

Reference to an expert in the Auditor's Report When issuing an unmodified auditors report, the auditor should not refer to the work of the expert.  This is because such a refe

Audit report, impact on audit report of going concern

impact on audit report of going concern

Basic elements of a management representation letter, Basic Elements of a M...

Basic Elements of a Management Representation Letter Whenever requesting a management representation letter, such the auditor would request which it be addressed to the audi

Compare forensic investigations and financial audits, Question 1: "Whil...

Question 1: "While their roles sometimes overlap, financial statement auditors and forensic accounting investigators tackle financial fraud issues from different perspectives,

Provision and accruals, Provision and Accruals Previous to we consider...

Provision and Accruals Previous to we consider the audit procedures along with regard to accruals and provisions, it is essential to clarify the meaning of two words in genera

Describe a complete audit program, Develop a list of tasks the auditor shou...

Develop a list of tasks the auditor should perform in planning this audit engagement, before any audit testing begins. Handbook section CAS 315 lists management assertions embod

Audit evidence, discuss the factors affecting the sufficiency of audit evid...

discuss the factors affecting the sufficiency of audit evidence

Materiality, how to calculate materiality given the acoountin period inform...

how to calculate materiality given the acoountin period information

Prepare a memo to the audit work of a firm, Case Study: Hide-It (HI), a...

Case Study: Hide-It (HI), a family-owned business based in Tombstone, Arizona builds custom homes with special features, such as hidden rooms and hidden wall safes. Hide-It has

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd