User Account

All Pages

Explain kinds of uneconomical or inefficient practices

Assignment Help Business Law and Ethics
Reference no: EM131624840

Question: CPA Involvement in an Expanded-Scope Audit. A public accounting firm has been engaged to audit a local food distribution program funded by the U.S. Department of Agriculture. The engagement is to encompass both financial and performance audits that constitute the expanded scope of a GAGAS audit and is to be conducted in accordance with the audit standards published by the Government Accountability Office (GAO).

Required: a. The accountants should perform sufficient audit work to satisfy the financial and compliance element of GAGAS. What is the objective of such audit work?

b. The accountants should be aware of general and specific kinds of uneconomical or inefficient practices in such a program. What are some examples?

c. What might be some standards and sources of standards for judging program results?

Reference no: EM131624840

Questions Cloud

Based on relative sales values allocate joint costs : Based on relative sales values at the split-off point, allocate Joint costs to Products A and B.
How each of the risks you identified could affect mcdonald : Internal Auditors in the Fast-Food Industry. Internal auditors perform risk-based audits that go beyond the risks of the financial statements.
Consider a potential gap in the literature : Consider a potential gap in the literature that is emerging from your ongoing reading in your field of interest including the two specific articles.
Find the expected return on nike shares : The market price of a share of Nike's equity as of the end of fiscal year 2010 was $74. Find the expected return on Nike's shares as implied by the market price
Explain kinds of uneconomical or inefficient practices : CPA Involvement in an Expanded-Scope Audit. A public accounting firm has been engaged to audit a local food distribution program funded by the U.S. Department.
How much mark should be willing to pay for the annuity : Calculate how much Mark should be willing to pay for the annuity if he can invest his funds at 7%
Identify the risk factors associated with the health issues : Identify health protective behaviors to prevent the disease, including individual and interpersonal factors that can prevent the disease.
Write suggested procedures for each case in definite terms : Selection of Effective Extended Procedures. The following lettered items are some "suspicions," and you have been requested to select some effective procedures.
Briefly describes and outlines this writing assignment : Briefly describes and outlines this writing assignment. Writing Assignment will be a critical annotated bibliography of 12 sources.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  How a project will be conducted

Describe the methodology that you will use to test your hypothesis (quantitative/statistical, qualitative, comparative, case study, etc.), and what sources you plan on using.

  The director of your department has requested that you

the director of your department has requested that you conduct some research on the topic of cyber law or internet law.

  How should carvers estate be distributed

The codicil was witnessed by Roy White and Harold Brown. John Carver died September 1, 2009, and the will and codicil were admitted to probate. How should Carver's estate be distributed?

  Explain united auto workers union

Explain United Auto Workers union and What are the three main subject areas the UAW can negotiate with Ford? Provide an example of each

  What business forms would you recommend and why

Mickey and Sam want to formally organize their business. What business forms would you recommend and why? Analyze all relevant business organization types

  Investigate effect of education spending on housing prices

When performing regression analysis, she controls for average January and July temperatures. Why is she doing this?

  Research and select at least one case from an outside source

Finally, research and select at least one case from an outside source to support your resolution to the ATV case.

  Explain what the term trading range means

Explain what the term trading range means. - Why is it hard for a trader to make money when the market is in a trading range?

  Services which match the operational and financial needs

endeavour to provide products and services which match the operational and financial needs of your stakeholders; not misrepresent your skills or knowledge; advise your stakeholders when you believe a proposed project, product or service is not in the..

  While on routine patrol for the any town police department

while on routine patrol for the any town police department you notice a group of what appears be three underage male

  Write an essay discussing the ethics of online investigation

Write an essay discussing the ethics of online investigations. Do you feel these investigations are an invasion of privacy? Why or why not?

  Why the district court dismissed plaintiffs complaint

Plaintiffs operate lodges and provide lodging referral services in the Big Bear Valley recreational area. For years, the two ski resorts in the area.

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