What audit processes would you implement to verify

Reference no: EM132973598

Question 1) You have been assigned the responsibility of evaluating the internal audit function of the health system. Describe the process you would go through to completer this task. Describe how you would determine if the internal audit program was functionally effectively.

Question 2) You are concerned that the business office in the health system is not reporting its revenue appropriately? What audit processes would you implement to verify the revenue cycle?

Reference no: EM132973598

Questions Cloud

Briefly explain and provide examples for cost center : Cost can be defined as the value of assets or resources sacrificed to purchase other assets. Briefly explain and provide examples for cost center and cost unit

Calculate the cash payment and bond interest expenses to be : The Abbott Corporation issued $125 000, Calculate the cash payment, discount amortization amount, and bond interest expenses to be recognized every six months.

How do solve amount of the equal payment for calvin corp : How do calculate the amount of the equal payment if the interest rate is 10%. Calvin Corp. Borrowed $80 000 from a bank and signed an installment note.

What are project quality standards : What are project quality standards that apply in the organisation and What are, quality assurance and control techniques, key tools and methodologies

What audit processes would you implement to verify : Describe the process you would go through to completer this task. Describe how you would determine if the internal audit program was functionally effectively

What total bond interest expense record for alberta industry : Alberta Industries issued a 10%, 10-year bonds with a par value of $200,000.What is the total bond interest expense recorded on the first interest payment date?

Estimate the average return of the new portfolio : Estimate the average return of the new portfolio (which include investment in Thailand) and the standard deviation of the portfolio return

Find the free space path loss : Find the free space path loss for a 3G signal transmitted at 1.9 GHz for a MS located at 5 miles from the Base Station.

Present the journal entries that abbott would make to record : Present the journal entries that Abbott would make to record the first two interest payments. Assume a December 31 year-end.

User Account

All Pages