User Account

All Pages

Evaluate the external auditors response options

Assignment Help Auditing
Reference no: EM13490296

Review the Student Guide to Sarbanes-Oxley Act (SOX) located in Week 1 of the course shell, and other current activity or trends related to SOX compliance and implementation for publically traded companies.

Write a five to seven (5-7) page paper in which you:

  1. Assess the sections of SOX, indicating the sections that you believe have the most impact on companies. Provide support for your rationale.
  2. Assess the sections of SOX, indicating those sections that have the greatest impact on the external auditor. Provide support for your rationale.
  3. Evaluate the external auditors' response options requesting the external auditor to limit testing and the scope of an audit engagement by giving consideration to the ethical requirements and the auditor's responsibility imposed by the Public Company Accounting Oversight Board (PCAOB). Recommend that based option providing a justification for your recommendation.
  4. Evaluate the cost / benefit ratio for most companies required to comply with SOX. Indicate whether the benefits are equivalent to the cost for minimizing the risk of accounting fraud. Provide support for your analysis.
  5. Use at least three (3) quality resources in this assignment.

Reference no: EM13490296

Questions Cloud

Calculate the electric field above and below the plane : Consider an infinite non-conducting plane (sheet) of charge. The sheet has a uniform charge density +3s. Calculate the electric field above and below the plane
Find is the electric field pointing up or down : A negatively charged ball having a mass of 10 grams falls from rest in vacuum from a height of 3 meters in a uniform vertical electric field of 104 N/C. find Is the electric field pointing up or down
Explain the ph of the buffer that result nah2po4 : What is the pH of the buffer that result when 12 g of NaH2Po4 and 8.00 g of NaHPO4 are diluted with water to a volume of 0.50 L. ( Ka of H2PO4- = 6.2*10^-8 , the molar masses of NaH2PO4 and Na2HPO4 are 120.0 g/mol and 142.0 g/mol respectively).
Explain monochromators as wavelength selectors : Describe the difference between the following and list any particular advantage possessed by one over the other a)filters and monochromators as wavelength selectors
Evaluate the external auditors response options : Evaluate the external auditors' response options requesting the external auditor to limit testing and the scope of an audit engagement by giving consideration to the ethical requirements and the auditor's responsibility imposed by the Public Compa..
How long does it take for the penny to fall : A penny slides off a table 30in high and falls straight to the floor. How long does it take for the penny to fall
Explain equilibrium with the surroundings has a higher vapor : A curved surface of a liquid which has its vapor pressure at equilibrium with the surroundings has a higher vapor pressure than a flat surface. Why
What is the initial height of the bob : A pendulum bob is released from the some initial height such that the speed of the bob at the bottom of the swing is 1.9m/s. What is the initial height of the bob
Determine the mass of the person : This procedure has actually been used to "weigh" astronauts in space. A 42.5- chair is attached to a spring and allowed to oscillate. What is the mass of the person

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd