Problem on audit planning and analytical procedure

Assignment Help Auditing
Reference no: EM13488167

This assignment is based on the problem in the pdf file. The solution for part a and b are given. Use the results given to answer the following question:

Based on the analytical procedures calculated in parts a and b, summarize your observations about Pinnacle's business, including your assessment of the client's business risk. Be sure to include the industry information from b) in your analysis. Note: this question is asking for your overall assessment of the business risk of Pinnacle.

 

2072_table 1.png

933_table 2.png

Reference no: EM13488167

Questions Cloud

Define what is the highest boiling point : Predict qualitatively, which of the following aqueous solutions, (a), (b), (c) or (d), each containing 2.0 moles of the given substance dissolved in 0.5 kg of water, has the lowest and which has the highest boiling point: a) HNO3, b) sugar, c) ace..
Estimate the mass of the block : A block of unknown mass is attached to a spring of spring constant 6.1 N/m and undergoes simple harmonic motion with an amplitude of 9.5 cm. Calculate the mass of the block
What frictional force was applied by the brake pad : A uniform 2.45- kg spinning disk with a radius of 0.323 m is brought to rest by a brake-pad pressed against the side 0.226 m from the rotation axis. What frictional force was applied by the brake pad
An increase in your bank account called a credit by bank : Why is an increase in your bank account called a credit by the bank? What would be the implications of a credit in your bank account from your perspective?
Problem on audit planning and analytical procedure : Based on the analytical procedures calculated in parts a and b, summarize your observations about Pinnacle's business, including your assessment of the client's business risk.
What type of depreciation is used for tax purposes : What type of depreciation is used for tax purposes and does it differ from that used for book purposes? Why or why not?
Explain zinc metal reacts with excess hydrochloric acid : Zinc metal reacts with excess hydrochloric acid to produce hydrogen gas according to the following equation: Zn(s) + 2HCl(aq) ZnCl2(aq) + H2(g) The product gas, H2, is collected over water at a temperature of 25 C and a pressure of 755 mm Hg
Find the change in the internal energy of the system : A system does 4.30 104 J of work, and 7.00 104 J of heat flows into the system during the process. Find the change in the internal energy of the system
Find the maximum value of the blocks velocity : A 5.0- kg block oscillates with an amplitude of 0.090 m on a light spring of constant k = 28.0 N/m. What is the maximum value of the block's velocity

Reviews

Write a Review

Auditing Questions & Answers

  Preparing government-wide financial statements

Using the information above, prepare the statement of activities and the statement of net assets on a government-wide basis (using full accrual accounting). The beginning fund balance in the government-wide Statement of Net Assets is $2,686,283.

  Create the entry to record the year-end adjusting entry

Create the entry to record the year-end adjusting entry for predictable returns and evaluate the amount of the year-end allowance for sales returns after adjusting entry is recorded?

  Questionnicoles getaway spa ngs has been so successful that

questionnicoles getaway spa ngs has been so successful that nicole has decided to expand her spa by selling

  Evaluation of internal control procedures

Assignment: Read the following case and explain one internal control procedure that would be helpful in this scenario.

  Effective rate of two financing options

Find the effective rate of both. Which is lowest? If Marine Bank eliminates its compenstating balance requirement, would the answer change? What would the new effective rate be?

  Nonissurer internal control-financial reporting

Which of the following conditions is necessary for a practioner to accept an attest engagemetn to examine and report on a nonissuer's internal control over financial reporting?

  Explain the history of corporate accounting responsibility

Explain the history of corporate accounting responsibility and discuss how you think that CSR has influenced social accounting, include your analysis of the potential business benefits of CSR for the company.

  Auditing sample methods

Why do auditors find it necessary to use sampling? What are the risks associated with sampling? How might these risks affect the audit conclusion?

  Internal or external auditing

Which do you think matters more to Fisher's board of directors: internal or external auditing and why do you think so

  Question numerous years ago polar inc acquired an 80

question numerous years ago polar inc. acquired an 80 interest in icecap corp. the book values of icecaps liability and

  Audit estimation on u.s. consolidated financial statements

Who issues the audit estimation on the U.S. Federal Government Consolidated Financial Statements? What was the opinion on the FY 2012 U.S. Federal Government Consolidated Financial Statements?

  Vp branch bank

Suppose you are consulting for a VP branch bank. You notice that several branches have consistently low customers service ratings even though there are no apparent differences in resources or staff characteristics.

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