What impact does the purchasing and selling goods

Assignment Help Auditing
Reference no: EM131212786 , Length: word count:1800

Assignment

Instructions:

- The front style for your answer should be set to "Time New Roman" size 12 with 1.5 line spacing, 2.5cm margin & A4 page layout.

- The assignment should be typed and show the student's name and number on the assignment.

- The policy statement on cheating and plagiarism is a cornerstone of academic integrity at USQ. All students are responsible for familiarizing themselves with the policy, seeking further advice if necessary and complying with it at all times. If you use any material, for example textbooks, journal articles etc. to support your answer, you are to use the Harvard Style of referecing in your answer for both in-text and bibliography referencing (students are expected to use external material and articles).

- The assignment will be submitted via Turnitin. It is expected tha student scores will be below 20% (students need to allow 24 hours to resubmit, so don't leave it to the last minute).

- Referencing: The Harvard (AGPS) style - USQ Library's referencing guide at https://www.usq.edu.au/library/referencing 2 Research Project This assignment is a research component within the Auditing Practice assessment. There is no model answer to this assignment.

You need to conduct desk research and based on this consider the topic provided. The assignment should be written as an essay, with an introduction, paragraphs and a conclusion. The use of headings is desirable. Appropriate intext referencing and a Bibliography should be provided. Topic: The challenges facing contemporary auditors. You are required to consider the challenges facing contemporary auditors due to the increasing use of technology by businesses:

1. What impact does the purchasing and selling goods over the internet (both locally and internationally) have on business operations?

2. What are the risks businesses face due to purchasing and selling goods over the internet?

3. How might the risks identified in point 2 above lead to fraud or misstatements in the financial statements?

4. How can auditors go about identifying the fraud or misstatements you have identified in point 3.

1800 words, I am really in trouble as I got very low marks in my first assignment, so i need to score more than 80 out of 100.

Reference no: EM131212786

Questions Cloud

Calculate the simple linear regression equation : A trend forecast equation is being developed to describe sales over time. The analyst has completed the tabulation using the raw data and is about to develop the forecast equation with the least squares equations. Use the calculated trend information..
Information for a unit of its most popular product : The Buchanan Company has gathered the following information for a unit of its most popular product: Special packaging and other selling expenses would be an additional $2.10 per unit for the special order. How many units of regular sales could be los..
File income tax returns on consolidated basis : Senior, Ltd., acquires all of the stock of JuniorCo for $30 million at the beginning of year 1. The group immediately elects to file income tax returns on a consolidated basis. Senior’s operations generate a $50 million profit every year. In year 2, ..
Why do the migrants gain only areas e and f : Why do the migrants gain only areas e and f ? - Why don't they each gain the full southern wage markup ($3.20 - $2.00)? Why don't they each gain ($5.00 - $2.00)?
What impact does the purchasing and selling goods : ACC5218 Auditing Practice - What impact does the purchasing and selling goods over the internet (both locally and internationally) have on business operations and What are the risks businesses face due to purchasing and selling goods over the inter..
Effect of a decrease in the annualized cost of migration : Consider the labor-market effects of migration shown in given Figure .- What is the effect of a decrease in the annualized cost of migration (a decrease in c ) on each group?
Explain how the mechanics of your game work : Identify and explain how the mechanics of your game work. Each mechanic explanation should be around a paragraph (or more if required)
Changes in wage rates and migration flows : Observe changes in wage rates and migration flows from the low-wage South to the high-wage North, describe one shift in conditions that, by itself, could have caused the set of changes:
Managers resist change at the strategic level : When senior managers resist change at the strategic level, they are in a position to cause more damage than employees resisting changes at the operational level. Have you worked in a company where you believe that management resistance to change m..

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