Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The following are independent situations for which you will recommend an appropriate audit report on internal control over financial reporting as required by PCAOB auditing standards: 330331
1. The auditor identified a material misstatement in the financial statements that was not detected by management of the company.2. The auditor was unable to obtain any evidence about the operating effectiveness of internal control over financial reporting.3. The auditor determined that a deficiency in internal control exists that will not prevent or detect a material misstatement in the financial statements.4. During interim testing, the auditor identified and communicated to management a significant control deficiency. Management immediately corrected the deficiency and the auditor was able to sufficiently test the newly-instituted internal control before the end of the fiscal period.
5. As a result of performing tests of controls, the auditor identified a significant deficiency in internal control over financial reporting; however, the auditor does not believe that it represents a material weakness in internal control.
Required
For each situation, state the appropriate audit report from the following alternatives:
• Unqualified opinion on internal control over financial reporting• Qualified or disclaimer of opinion on internal control over financial reporting• Adverse opinion on internal control over financial reporting.
Explain the goals of financial management. The description must include how earnings are valued, how shareholder wealth can be maximized, and how management decisions affect stockholder wealth.
what are the U.S. tax consequences of Teny's Year 1 and Year 2 activities?
1.a capital expenditure would appear on thea.income statement under operating expenses.b.balance sheet under fixed
xyz company sold 30000 units last month and sales totaled 1500000 usd. total variable monthly expenses were 600000 and
a cash-strapped young professional offers to buy your car with four equal annual payments of 3000 beginning two years
company a manufacturing produces a single product that sells for 60. variable flexible costs per unit equal 20.
Drought in many wheat growing areas cut the quantity suppliedof wheat in 2002 by 2 %. By how much will the price of wheat rise?
morgan age 45 is single and provides more than 50 of the support of rosalyn a family friend flo a niece age 18 and
name and explain one liquidity ratio. what does this ratio measure? what is the formula for this
Explain the overall accounting cycle of an organization. Include a description of the people, processes, and systems that are integral to the cycle.
buckhorn corporation bases its predetermined overhead rate on the estimated machine hours for the upcoming year. data
a soft drink company has three bottling plants throughout the country. bottling occurs at the regional level because of
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd