Explain the role of government auditors in operational audit

Assignment Help Auditing
Reference no: EM131155676

Explain the role of government auditors in operational auditing. How is this similar to and different from the role of internal auditors?

Reference no: EM131155676

Questions Cloud

Analyze fundamental financial and budgeting responsibilities : Analyze the fundamental financial and budgeting responsibilities of a group practice manager. Suggest the most important competency that a practice manager must demonstrate in order to effectively manage the practice's financial accounts. Support ..
Calculate the bubble and dew pressure at 55 °c : The pressure is adjusted so that 75% of the mixture is vapor while the temperature remains at 55 °C. Determine the pressure and the compositions of the two phases.
Calculate the price elasticity of demand for newtons donuts : Calculate the price elasticity of demand for Newton's Donuts and describe what it means. Describe your answer and show your calculations.
Strongly or weakly a consumer : How strongly or weakly a consumer is committed to a specific attitude relates to the level of involvement he or she has with the attitude object (Ao). Describe the strength of commitment involved in each of the following and give an example:·
Explain the role of government auditors in operational audit : Explain the role of government auditors in operational auditing. How is this similar to and different from the role of internal auditors?
Explain why many people think of internal auditors : Explain why many people think of internal auditors as the primary group responsible for conducting operational audits.
Social responsibility and sustainability : Kindly write a two page paper on the assets, social responsibility and sustainability of a home health industry. Please let it be in your own words with no plagiarism.
Fundamentals of analytics and business intelligence : Fundamentals of Analytics and Business Intelligence - Provide the answer to any one (1) of the questions from the Questions for Discussion OR Exercises section of chapter 13 (Make sure to identify the section and the question number).
At what pressure does the system fully become a liquid : Assume that the system behaves according to Raoult's law. The saturation pressures of pure acetone and nitromethane at 110 °C are 463 kPa, and 132.4 kPa respectively.

Reviews

Write a Review

Auditing Questions & Answers

  Risk in the audit plan

Classify the main account or group of accounts affected by this risk in the audit plan.

  Forecast accounts receivable

Accounts receivable are $45,000 and are directly proportional to total sales. The sales forecast for next year is $125,000, which represents a 5% growth over the current year. The forecast accounts receivable would be:

  Auditing and monitoring

The following is a common example of a circumstance imposed scope limitation. An auditor might identify a material weakness at an interim date, and the entity implements new controls to correct the deficiency. If the new controls are placed in ope..

  Discuss the implications of the sales bonus system

Discuss the implications of the sales bonus system for the control environment special factors would management have to have to consider?

  Doug''s policy is to use 50 percent or less of overall mater

The book value of inventory on the entity's records is $ 1,090,000. Overall materiality for the engagement is $ 500,000. Doug's policy is to use 50 percent or less of overall materiality as tolerable misstatement for any one account. x`x`

  Discuss the nature of audit evidence

Discuss the nature of audit evidence to be considered by the auditor in terms of the underlying accounting record, other corroborating information available to the auditor, and the methods by which the auditor tests or gathers competent evidence.

  Procedure for submission of proposals

When a company is deciding whether to undertake an investment (from a number of possible options), what is the general procedure for the submission of proposals and the subsequent audit of investment?

  Evaluate the effectiveness of regulations

Evaluate the effectiveness of regulations such as Sarbanes-Oxley Act over minimizing the corporate fraud and protecting investors and make one (1) suggestion for improvement.

  What type of auditors report will you issue and why

When you approached management about the adequacy of these disclosures they told you that they were happy with the bad and doubtful debts at their current level, and that they would not be changing their method of application of the standard.

  Breakeven point for the number of luxury boxes

1.Preliminary plans are underway for construction of a new stadium for a major league baseball team.

  Is the audit and risk committee independent

MAA705 - Corporate Auditing What is the size of the audit and risk committee and Is the audit and risk committee independent - Why does the ASX recommend audit committees be independent?

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