How does the source of evidence affect its reliability

Assignment Help Management Theories
Reference no: EM131617789

Question: Performance Principle: Evidence. Generally accepted auditing standards (the performance principle) require auditors to gather sufficient appropriate evidence on which to base an opinion.

Required: a. Briefly define the characteristics "sufficient" and "appropriate" as they relate to audit evidence.

b. What are relevance and reliability (as they relate to audit evidence)? How do these concepts relate to the auditors' requirement to gather sufficient appropriate evidence?

c. How does the source of evidence affect its reliability?

d. How does the effectiveness of the entity's internal control affect the sufficiency and appropriateness of evidence gathered by auditors?

Reference no: EM131617789

Questions Cloud

Emphasize individual conscious organization of experience : Which theories emphasize individual conscious organization of experience. unconscious urges. observable behavior. the interaction of nature and nurture
Encounter in your current or future employment : Describe a type of work-related change that you might encounter in your current or future employment.
Discuss the text introduces ptsd : The text introduces PTSD. Can you think of some events in the news that may lead to persons experiencing PTSD or Acute Stress Disorder
Emergency economic stabilization act : Research Wachovia Bank analysis, and drawing conclusions on a commercial bank that was identified as "too big to fail" during the 2007-2009 financial crisis.
How does the source of evidence affect its reliability : Performance Principle: Evidence. Generally accepted auditing standards (the performance principle) require auditors to gather sufficient appropriate evidence.
What is efficiency of a tax system : What is efficiency of a tax system? What is equity of a tax system?
Discuss the performance principle : Performance Principle: Planning. Your public accounting practice is located in a city of 15,000 people. The majority of your work, conducted by you.
Efficiency of a tax system : Analyze the difference between the efficiency of a tax system and the equity of a tax system as it refers to the costs imposed on taxpayers.
Discuss the challenges of applying evidence-based practice : What are the challenges of applying evidence-based practices for treating mood disorders

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

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