Based on peach blossom cologne company - audit case1 what

Assignment Help Auditing
Reference no: EM13370949

Based on Peach Blossom Cologne Company - Audit Case.

1. What are expectations of the board of directors concerning audit of the corporation's financial statements? What are their tasks with regard to the audit of the financial statements?

2. What are the outlooks of senior management with regard to the audited financial statements? What are their responsibilities as recognized by SOX?

3. What does SOX need of the financial statement auditor?

4. What are role and responsibilities of the internal auditor with regard to SOX and financial statement audit? 

Reference no: EM13370949

Questions Cloud

One of the many changes in the business environment in : one of the many changes in the business environment in current years that has had significant impact on cost management
Isabel a calendar-year taxpayer uses cash method of : isabel a calendar-year taxpayer uses cash method of accounting for her sole proprietorship. in late december she
Your boss in a hypothetical organization has asked you to : your boss in a hypothetical organization has asked you to prepare a training program for new employees in the customer
From your own personal experience at your present or prior : from your own personal experience at your present or prior place of work give an example of a quantitative
Based on peach blossom cologne company - audit case1 what : based on peach blossom cologne company - audit case.1. what are expectations of the board of directors concerning audit
Brown manufacturing company bmc is presently using a : brown manufacturing company bmc is presently using a building as a manufacturing facility. depreciation on the building
Assignment cost benefit analysisyou have to prepare a : assignment cost benefit analysisyou have to prepare a 5-page costbenefit analysis of the sarbanes-oxley act. the focus
Andre corporation manufactures inexpensive pens some of the : andre corporation manufactures inexpensive pens. some of the companys data was misplaced. use the subsequent
Linus inc has budgeted overhead for august of 260000 for : linus inc. has budgeted overhead for august of 260000 for variable costs and 435000 for fixed costs. actual costs for

Reviews

Write a Review

Auditing Questions & Answers

  Internal audit

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

  Accounting professional and ethical standards

Code of Ethics for Professional Accountants

  Prepare swag''s consolidated balance sheet

Prepare Swag's consolidated balance sheet

  Auditing and assurance

Notable operational challenges for 4X Heavy Ltd faced in 2012/2013 were but not limited to

  State of the company’s industry and associated risk factors

Audit partner is concerned about his lack of knowledge of the industry the company is operating in, state of the company's industry and associated risk factors

  Prepare a memo to the audit partner

Prepare a memo to the audit partner on the ‘state of the company's industry' and associated risk factors.

  Adjusting or non- adjusting events

State whether Event is adjusting or non-adjusting event.

  Audit financial data

As a consequence an accounts payable clerk and financial accountant were made redundant from the business during the year.

  Identify principal audit risk

To identify principal audit risk and corresponding audit procedures

  Auditing and assurance

Show the audit inherent risk and rate the risk as low, medium or high.

  National health reform

Explain the role of the following three 'bodies' in National Health Reform

  Prepare a memo on the state of the company''s industry

Prepare a memo on the 'state of the company's industry' and associated risk factors.

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