Qualitative benchmarks of auditor

Assignment Help Auditing
Reference no: EM1354412

What are the qualitative benchmarks an auditor can use to assess materiality? How can an auditor use both qualitative and quantitative measures to make a better assessment of materiality?

Reference no: EM1354412

Previous Q& A

  Explaining graphics as user experience on web sites

Graphics provide significant richness to the user experience on web sites. Discuss how each of these sites uses graphics in good or poor ways.

  Impacts of organizational transience

Explain how are the impacts of organisational transience, employability, and the transaction psychological contract affecting the role of HR professionals and line managers?

  Foundations of financial management

Mr. Frost controls proxies for 32,000 of the 60,000 outstanding shares of Express Frozen Foods, Corporation Mr. Cooke heads a dissident group that controls the remaining 28,000 shares.

  Googles organizational design and structural organization

Google's political behavior within the organization and critical analysis - Research in detail of how Google applies or utilizes the concepts of motivation, communication, power, achievement

  At what angle does the light reaching the edge of the pool

At t=0 a grinding wheel has an angular velocity of 25 rad/s. It has a constant angular acceleration of 35.0 rad/s^2 until a circuit breaker trips at time t = 2.10 s. From then on, it turns by an angle 431 rad as it coasts to a stop at constant ang..

  Pertaining to the cognitive behavioral theory

I am looking for information pertaining to the Cognitive Behavioral Theory (Social Learning): Inclusion/Exclusion criteria (what clients/problems does the research suggest and how does this influence the theory in being most/least effective?).

  Explain planning to open a business

Describe Case Study- Wanda is a new Christian who has been planning to open a business with a life-long friend who is not a believer.

  Compute the average rate of return

Stocks A and B have the following historical returns, compute the average rate of return for each stock during the five year period.

  Sequence of statements to find first comma in string line

Write a sequence of statements that finds first comma in String line , and assigns to variable clause portion of line up to, but not including the comma.

  Conditioned and unconditioned responses

What is the difference between conditioned and unconditioned responses?

Reviews

Write a Review

 

Similar Q& A

  Determining audit failure

In light of audit failures over the last decade, are current audit standards sufficient to ensure the integrity of audit opinions? Why or why not?

  Evaluate profit and loss for given case

Write journal entries for each transaction and Evaluate profit and loss for given case

  A statistical conclusion and audit decision

A statistical conclusion, and the audit decision you could make based on the quantitative sample results.

  Auditing assessing risk factors

When assessing risk factors due to errors and fraud, what are some types of examples of these? Have you seen this occur in the workplace past/present/familiar with a situation?

  Purpose a sample draft of a unqualified audit opinion

Purpose a sample draft of a standard unqualified audit opinion and make sure you add a clause that the opinion is a Sample Only and not to be used for any other purpose

  Audit risk model-inherent risk-control risk

What is meant by planned detection risk? What is the effect on the amount of evidence the auditor must gather and evaluate when planned detection risk is increased from medium to high?

  Control-creativity compatibility

Is the evaluation and control process appropriate for a corporation that emphasizes creativity? Are control and creativity compatible?

  Defining population when sampling

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

  Audit and risk assessment

A revised or final acceptable level of detection risk is determined for each assertion after (1) assessing inherent risk, (2) performing analytical procedures in audit planning

  Internal audit

Describe and evaluate this type of internal audit. What types of organisation would it be most useful for?

  Astor city audit standards

Astor City, a small city that is not required to have independent audit, voluntarily decided to have an audit of its financial records. Currently, the city generates $900,000 in revenues. Discuss any potential violations of the applicable audit sta..

  Financial-operational and shrink auditing

What are the different types of audits that retailers use. Why is auditing necessary? What benefits can be gained to offset the costs associated with them?

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