Obtain evidence about the occurrence of subsequent events

Assignment Help Financial Management

Reference no: EM131462172

Which of the following procedures would an auditor most likely perform to obtain evidence about the occurrence of subsequent events?

Inquiring of the entity's legal counsel concerning litigation, claims, and assessments arising after year-end.

Confirming bank accounts established after year-end.

Investigating changes in stockholders' equity occurring after year-end.

Recomputing a sample of large-dollar transactions occurring after year-end for arithmetic accuracy.

Reference no: EM131462172

Questions Cloud

What does kellys theory say about reducing conflict : To what extent do you feel arguments, even wars, result because people construe events with different construct systems?

Solution of unknown concentration : A Cu2+ solution of unknown concentration had an absorbance of 0.45. What is the molar concentration of Cu2+ in the unknown solution?

What should be the stock value : Planned sales in the boys’ department for August are $32,000. If the planned stock-sales ratio is 3.5, what should be the stock value on August 1?

Visible region of the electromagnetic spectrum : The Balmer series occurs in the visible region of the electromagnetic spectrum. Another set of spectral lines occurs outside of the visible region.

Obtain evidence about the occurrence of subsequent events : Which of the following procedures would an auditor most likely perform to obtain evidence about the occurrence of subsequent events?

Knowledge of electron configurations to explain : a. Silver tends to form ions with a charge of 1+, but the elements to the left and right of silver in the periodic table tend to form ions with 2+ charges.

How might manager go about formalizing informal organization : How do decisions concerning span of management, the use of committees, and coordination techniques affect organizational structure?

Which of the various factors in attraction are present : Review research that examines a possible source of aggression (e.g., the media, weapons, alcohol, environmental factors, etc.).

How is that argument countered today : Which argument against adopting the heliocentric model do you think was most compelling, and why? How is that argument countered today?

User Account

All Pages