Internal or external auditing

Assignment Help Auditing
Reference no: EM13341110

Fisher, Inc. is a large corporation that is regularly audited by a public accounting firm. Fisher, Inc. also maintains an internal auditing staff.

Which do you think matters more to Fisher's board of directors: internal or external auditing? Why do you think so?

Which do you think matters more to Fisher's stockholders: internal or external auditing? Why do you think so?

In your own words, please post a response to the Discussion Board and comment on at least 2 other postings. You will be graded on the quality of your postings.

Reference no: EM13341110

Questions Cloud

Explain the difference between profit and cash change : The general manager of Qantas had two concerns: the company's worsening cash position ($3000 cash and No bank loan at the end of 2011, No cash and a $7,000 bank loan at the end of 2012) and an inadequate level of net profit. (According to General ..
Determine how far do the wires stretch : A 20.3?kg chandelier is suspended from the ceiling by four vertical steel wires. Each wire has an unloaded length of 1.15m, how far do the wires stretch
Explain that the patient receives 8 grams of nal : 131I is readily available in Sacramento. Samples of 131I take 10 hrs to properly package and clear security before they are allowed to leave the site. Assuming that it takes 2 weeks to provide the safe ground transport to a clinic in Cleveland Ohi..
At what frequency will the force make the object vibrate : A sinusoidal force with an amplitude of 1.70 N drives the system. At what frequency will the force make the object vibrate with an amplitude of 0.440 m
Internal or external auditing : Which do you think matters more to Fisher's board of directors: internal or external auditing and why do you think so
What is the magnitude of the electric force on each sphere : Two small plastic spheres each have a mass of 1.9g and a charge of -52.0 nC. They are placed 3.0cm apart (center to center). A) What is the magnitude of the electric force on each sphere
Find the period of the resulting motion of the box : on a horizontal, frictionless table, an open-topped 5.30-kg box is attached to an ideal horizontal spring having force constant 360 N/m. Find the period of the resulting motion of the box
Evaluate the percent dissociation of the acid : Calculate the percent dissociation of the acid to 3 significant figures. % ============= 2. The pH of a 4.28×10-3 M solution of a weak base that will accept only one proton is 7.17. Calculate the percent dissociation of the base to 3 significant f..
How long after the blue ball is thrown at the same height : The force of gravity due to the earth results in the balls each having a constant downward acceleration of 9.81 m/s2 How long after the blue ball is thrown are the two balls in the air at the same height

Reviews

Write a Review

Auditing Questions & Answers

  Internal audit

Describe and evaluate this type of internal audit. What types of organisation would it be most useful for?

  Accounting professional and ethical standards

Code of Ethics for Professional Accountants

  Prepare swag''s consolidated balance sheet

Prepare Swag's consolidated balance sheet

  Auditing and assurance

Notable operational challenges for 4X Heavy Ltd faced in 2012/2013 were but not limited to

  State of the company’s industry and associated risk factors

Audit partner is concerned about his lack of knowledge of the industry the company is operating in, state of the company's industry and associated risk factors

  Prepare a memo to the audit partner

Prepare a memo to the audit partner on the ‘state of the company's industry' and associated risk factors.

  Adjusting or non- adjusting events

State whether Event is adjusting or non-adjusting event.

  Audit financial data

As a consequence an accounts payable clerk and financial accountant were made redundant from the business during the year.

  Identify principal audit risk

To identify principal audit risk and corresponding audit procedures

  Auditing and assurance

Show the audit inherent risk and rate the risk as low, medium or high.

  National health reform

Explain the role of the following three 'bodies' in National Health Reform

  Prepare a memo on the state of the company''s industry

Prepare a memo on the 'state of the company's industry' and associated risk factors.

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