Explain the effect that the sarbanes-oxley act of 2002 and

Reference no: EM13599201

1. Describe the elements of the Generally Accepted Auditing Standards (GAAS).

2. Describe how these standards apply to financial, operational, and compliance audits.

3. Explain the effect that the Sarbanes-Oxley Act of 2002, and the Public Company Accounting Oversight Board (PCAOB), will have on audits of publicly traded companies.

4. Discuss the additional requirements that are placed on auditors from this act and the actions of the PCAOB.

Reference no: EM13599201

Questions Cloud

Schaefer company is in the process of adjusting and : schaefer company is in the process of adjusting and correcting its books at the end of 2010. the books are still open

How does the company intend to attract retain and deepen : 1. management accountinga is both retrospective providing feedback about past operations and also prospective

A credit memo in the bank statement indicated a bank : the bank account as a control device that helps to protect cash. one of the requirements is to conduct periodic bank

Winger corp sells a product for 5 per unit the fixed : 1.which one statement is true?a. one of the lessons learned from activity based costing is that all costs are really a

Explain the effect that the sarbanes-oxley act of 2002 and : 1. describe the elements of the generally accepted auditing standards gaas.2. describe how these standards apply to

Hughey co as lessee records a capital lease of machinery on : hughey co. as lessee records a capital lease of machinery on january 1 2011. the seven annual lease payments of 350000

Wheeler corporation produces and sells special eyeglass : wheeler corporation produces and sells special eyeglass straps for sporting enthusiasts. in 2009 the company budgeted

On january 2 2011 gold star leasing company leases : on january 2 2011 gold star leasing company leases equipment to brick co. with 5 equal annual payments of 40000 each

Cash sales are normally 25 of total sales of the credit : kent company anticipates total sales for april may and june of 800000 900000 and 950000 respectively. cash sales are

User Account

All Pages