Determining auditing and assurance services

Assignment Help Auditing
Reference no: EM1351294

Knowing that my company 2007 audit will include attestation services, I want to know more about what attestation services encompass and what my team and I can do to prepare for this service.

Brainstorm with the auditing department about these:

What are attestation services?

What may I request from the CPA firm in regard to attestation services?

What can my team do to prepare?

Reference no: EM1351294

Questions Cloud

Public role of auditors in america : In a discussion between Peters and Ferrel, Two auditing students, Peters made the following statement: "A CPA is a professional person who is licensed by the state for the purpose of providing an independent expert opinion on the fairness of finan..
Role of independent cpa-auditing : Examine the CPA profession and licensing requirements (Use New Jersey's please). Explain how a licensed CPA (as an outside auditor) could be of value to your company. Critique current auditing standards.
Explain how and why a monopoly would try to price : Q. Explain how and why a monopoly would try to price discriminate. Serving food on weekdays to business people and retired people.
Compute the expected return and variance : Given the information below, compute the expected return, variance, and standard deviation of the following company.
Determining auditing and assurance services : Knowing that my company 2007 audit will include attestation services, I want to know more about what attestation services encompass and what my team and I can do to prepare for this service.
At what price does it sell these units : Suppose that MC=4q, where MC is marginal cost. The perfectly competitive firm maximizes profits by producing 10 units of out output. At what price does it sell these units.
Find the projects simple regular payback : The ABC Company is planning a project which has an up-front cost paid today at t = 0. The project will create positive cash flows of $70,000 a year at the end of each of the next 5 years.
Adjusting workflow - intercultural management : What is meant by the need to adjust to the flow of the workday and how does this apply to doing business in Central and South America?
How will this technological advance impact production : How will this technological advance impact production and pricing plans. How it will impact BlackSpot's profit.

Reviews

Write a Review

Auditing Questions & Answers

  Fraud examination and sas 99

Discuss how the concept of risk can be used to detect one of the financial statement fraud schemes. Ensure to include specific procedures to detect the fraud scheme of your choosing.

  Internal control and audit sampling

You have discussed with the president of Vista Corporation several material weaknesses in internal control that have come to your attention during your audit.

  Write general journal entries to record the transactions

Write general journal entries to record the transactions and Write a stockholders' equity section as of the close of business on December 31, 2012.

  Practice in validating proposal to leadership

You need provide a practice in validating your proposal to leadership. You gain experience in justifying change and expenditures in order to mitigate risk while validating your ideas.

  Highest level of deficiency

State the highest level of deficiency that you think circumstances represent. Is it control deficiency, significant deficiency, or material weakness?

  Internal control components-definition-application

What internal controls components are common among long-term assets and liabilities, and equity accounts? What components are unique to each? How can an auditor assess these controls?

  Conducting financial audit and fraud audit

Discuss the key difference between conducting a financial audit and a fraud audit, and the related level of responsibility of the auditing firm.

  Limitations of effective internal control procedures

A significant component of an audit program is the examination of the organization's internal control procedures and if they are being followed.

  What kind of audit report auditors usually issue

What kind of audit report (unqualified opinion, adverse opinion, qualified opinion, disclaimer of opinion) should the auditors usually issue in each of the situations.

  Modern auditing-risk of material misstatement

Consider the implications of the above information for revenues. What assertions, if any, are likely to be misstated? As a result, what accounts are likely to be overstated or understated? Explain your reasoning.

  Advantages of auditing and assurance services

What are the advantages a firm gains by using auditing and assurance services? How might you use these advantages to promote the auditing and assurance division of a company from within?

  Primary cause of enron scandal

What do you see as the primary cause of the auditing problems that led to the Enron scandal? Who do you believe carries the moral responsibility for those failures? Why?

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