How is audit evidence defined

Assignment Help Mechanical Engineering

Reference no: EM131355921

You were recently hired by the CPA firm of Honson & Hansen. Within two weeks, you were sent to the first-year staff training course. The instructor asks you to prepare answers for the following questions:

a. How is audit evidence defined?

b. How does audit evidence relate to assertions and to the audit report?

c. What characteristics of evidence should an auditor be concerned with when searching for and evaluating audit evidence?

Reference no: EM131355921

Questions Cloud

Compare the flexural modulus and strength : Compare the flexural modulus and strength at 249°C (dry) of clear cast bismaleimide 792/TM-123 with an extrapolation of the room temperature data using the retention ratio.

List and briefly describe the various phases of an audit : One of the phases involves understanding an entity's internal control. Why might the members of the association be particularly interested in the work conducted by auditors in this phase of the audit?

Organizations use the disc to help : How do you think organizations use the DISC to help their people become more effective leaders?

Compare the strength and stiffness data : Compare the strength and stiffness data at 149°C (dry) of Epon 9310/9360 with an extrapolation of the room temperature data using the retention ratio.

How is audit evidence defined : What characteristics of evidence should an auditor be concerned with when searching for and evaluating audit evidence?

Select the appropriate resin that meets the criterion : Select the appropriate resin that meets the criterion high fracture toughness, very low flammability and low smoke production under heat and fire.

Create an analysis of the ethical theories the company : You have just been hired by a company to evaluate the way the company treats its employees, suppliers, and customers. Create an analysis of the ethical theories the company would want to use to show the employees, suppliers, and customers that it ..

What are common parts shared by all different kinds of bikes : What are the common parts shared by all the different kinds of bikes? How can you use the parts to describe the differences between the operation of one bike and another?

Are you in favor of universal databases : The use of the Internet and web-based services has the potential to integrate not only law enforcement data, but also data from other sources and to increase the exchange of information for all law enforcement. Through the sharing of information i..

User Account

All Pages