What are the procedural aspects for obtaining audit evidence

Assignment Help Auditing
Reference no: EM132195502

AUDIT EVIDENCE,TYPES&PROCEDURES 

Questions: 

1. What is audit evidence? 
2. What are the types of Audit evidence? 
3. What are the procedural aspects for obtaining Audit evidence? 

Reference no: EM132195502

Questions Cloud

Define how your discussion will be evaluated : Your initial discussion thread is due to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your.
Decoupled from organization strategic planning efforts : Balanced scorecards can be decoupled from the organization’s strategic planning efforts.
How the manager designed production for sustainability : how the manager designed production for sustainability and Total Quality Management.
Would consumers be better or worse off : Describe the implications we should expect if this bill were to become a law. Would consumers be better or worse off?
What are the procedural aspects for obtaining audit evidence : What is audit evidence? What are the types of Audit evidence? What are the procedural aspects for obtaining Audit evidence?
What do you conclude from your analysis : State whether the variables are nominal, ordinal, interval or ratio. The significance value calculated and whether that value is significant.
Discuss political-legal and technological aspects of market : Discuss political, legal and technological aspects of market entry and consider the following in your response as well: Act of state doctrine,
Global changes in expansion-technology-marketing : Suggest two (2) global changes in expansion, technology, marketing, products, services, human resources, and customer service, etc.,
Compare and contrast the three models of culture : Global industry, such as the automobile or cell phone industry. Compare and contrast the three (3) models of culture.

Reviews

Write a Review

Auditing Questions & Answers

  Prepare the auditors report - long beach bridges report

Discuss the matters that should be considered in determining whether or not Long Beach Bridge's management is correct in its belief that the stolen tolls meet the criteria for revenue recognition

  What are the financial statement disclosures

For purposes of Andrews' audit of the financial statements of Broadwall Corporation, what substantive tests should Andrews employ in examining the described loans and what are the financial statement disclosures that Andrews should expect to find w..

  Western bank and trust-depreciation

Western Bank & Trust purchased land and a building for the lump sum of $3 million dollars. To get the maximum tax deduction, Western allocated 90% of the purchase price to the building and only 10% to the land.

  Benefits of hiring internal auditor

Write a recommendation brief for the client in which you justify the benefits of using an internal auditor. Conclude your recommendation by referring a particular person for the job based on their background.

  Did kpmg auditor violate any professional auditing standards

Did the KPMG auditors violate any professional auditing standards? Indicate which ones and explain how each was violated.

  Distinguish the three forms of compilation reports

Distinguish the three forms of compilation reports that a CPA can provide to clients.

  Identify the main audit planning issues

What are the general issues related to deciding whether to use a test of controls approach or a substantive approach - How do the risk assessments above relate to the choice of audit approach?

  Analytical procedures as substantive procedures

PACC6002 Auditing and Assurance Service identify and briefly explain two (2) ways you could use analytical procedures as substantive procedures during the audit

  Evaluate control and inherent risk

Design 4 substantive audit tests to carry out the work performed on each of the identified 2 key account balances.

  What auditors responsibility be for performing quality audit

What should auditor's responsibilities be for performing quality audits in general regardless of who will eventually use them? Which will be the better defense in a lawsuit? Why?

  Compute the predetermined overhead rate for the year

Compute the predetermined overhead rate for the year. Break the rate down into variable and fixed components. (Omit the "$; sign in your response.)

  Difference between net cash provided by operating activities

Difference between net cash provided by operating activities and net income. Speculate on which number is likely to be the better indicator of long-term profitability.

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