Answer the subsequent questions regarding the federal

Assignment Help Auditing
Reference no: EM13352054

Answer the subsequent questions regarding the federal government's financial statements:

A. Who issues the audit estimation on the U.S. Federal Government Consolidated Financial Statements?

B. What was the opinion on the FY 2012 U.S. Federal Government Consolidated Financial Statements? What were the three basic reasons for this opinion (according to Scott Bell of the U.S. Treasury Department)?

C. 31 of 35 important reporting agencies received unqualified opinions for FY 2012. Show the four which did not and show the type of opinion each received (according to Scott Bell of the U.S. Treasury Department)?

D. Show the Statement of Social Insurance and what information does it report? What was the FY 2012 figure reported as Total Social Insurance Expenditures, Net?

Reference no: EM13352054

Questions Cloud

Q1 relate the functions of lactose copper and tyrosine to : q1. relate the functions of lactose copper and tyrosine to how these reagents affected phenotype or gene expression of
On 31st december 2010 the south padre company had a : on 31st december 2010 the south padre company had a deferred tax liability balance of 8100 starting from an excess of
Q bryophytes and fern allies were most prevalent during : q. bryophytes and fern allies were most prevalent during early plant evolution however many of these plants have been
On 1st may 2007 mosby company received an order to trade a : on 1st may 2007 mosby company received an order to trade a machine to a customer in canada at a price of 2000000
Answer the subsequent questions regarding the federal : answer the subsequent questions regarding the federal governments financial statementsa. who issues the audit
Q1 tobacco mosaic virus tmv is a virus that affects plants : q1. tobacco mosaic virus tmv is a virus that affects plants of the tobacco family including tomato and tobacco plants.
Jensen company forecasts a requirement for 200000 pounds of : jensen company forecasts a requirement for 200000 pounds of cotton in may. on 11th april the company acquires a call
Q1 an individual with condition of myasthenia gravis is : q1. an individual with condition of myasthenia gravis is faced with an autoimmune disorder in which the body defences
Q1 in a laboratory experiment researchers and barry : q1. in a laboratory experiment researchers and barry university miami shores florida studied the rate at which sea

Reviews

Write a Review

Auditing Questions & Answers

  Description of notes receivable

Prepare journal entries to record these selected transactions for Vitalo Company.

  Audited financial statements covered by an auditors report

Show a qualified opinion on the financial statements because of the client imposed scope limitation.

  Indicate whether the following is true or false

For each of the following items, indicate whether it is (T) True or (F) False. For those marked "False," identify the error(s) and indicate the change or changes that are needed to make the statement true.

  Evaluate mr. howes assertions

Mr. Tu Dewie has asked you to evaluate Mr. Howe's assertions - writing your memo, please remember that while Mr. Dewie is the senior partner of DCH, Mr. Howe (as a junior partner) can hurt you if you are not polite and considerate.

  Populations and sampling

What is the importance of defining the population when performing audit procedures? How will this affect the sample size? How will incorrectly defining the population affect the sampling unit?

  Sec ethics and compliance of microsoft

Identify the processes of Microsoft organization uses to comply with Sec regulations.

  Cash and accrual accounting

Consider a health care organization with which you are familiar with and explain the difference between cash and accrual accounting in health care setting. Be sure to include a discussion of the revenue recognition and matching principles.

  Examine audit risk model

A staff auditor was listening to a conversation between two senior auditors regarding the audit risk model. Following are some statements made in that conversation.

  Activity based costing of beeline manufacturing

Beeline Manufacturing produces two types of industrial ventilation machines: heavy-duty and standard. The assignment basis for overhead costs has always been direct labor hours. For 2013, Beeline compiled the following data for the two products:

  What is the timing of the substantive procedures

Control risk has been assessed as high and detection risk is low. What is the timing of the substantive procedures likely to be and the auditor has decided that they will use a larger sample for confirmations at year end. What is the level of detecti..

  Auditing and assurance

What are the advantages a firm gains by using auditing and assurance services? How might you use these advantages to promote the auditing and assurance division within a company?

  To prepare a report on a criteria audit

To prepare a report on a criteria audit conducted at Curtin Hospital.

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