How analytical procedure that could be used to test

Assignment Help Accounting Basics
Reference no: EM132944862

Problem 1: Describe one explain how analytical procedure that could be used to test the occurrence of sales revenue. In your answer the results from the specified analytical procedures would help identify mis-statements or reduce substantive tests?

Reference no: EM132944862

Questions Cloud

Explain the potential impact of weaknesses on peacock ltd : Identify two internal control weaknesses and explain the potential impact of these weaknesses on Peacock Ltd, i.e. explain what could go wrong (WCGW).
Purposes of spreadsheet use in a business : What are 4 purposes of spreadsheet use in a business?
Influence of culture or worldview in the workplace : Explain in your words why it is important for a manager to know the influence of culture or worldview in the workplace.
Identify two management assertions of the interest expense : Identify two management assertions of the interest expense account that could be misstated, and briefly provide one example of how each assertion
How analytical procedure that could be used to test : How analytical procedure that could be used to test the occurrence of sales revenue. In your answer the results from the specified analytical procedures
How the situation would affect audit report : From your examination of the accounts payables account you have reason to believe. Analyse and explain how the situation would affect your audit report.
What type of audit opinion would provide : Assume that management do not agree with any recommendations that you make as the auditor. What type of audit opinion would you provide?
Make an interoffice memo to the partner in cpa firm : Make an interoffice memo to the partner in your CPA firm responsible for the account of Emily. The memo should address whether or not you feel
Which do feel are most critical when designing a system : When designing a system of internal controls, which do you feel are most critical? Why? Be sure to address all dimensions of the controls classification cube

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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