What type of work does an auditor perform?

Assignment Help Finance Basics
Reference no: EM13887395

The new accountants are preparing for an end-of-year audit. To better understand the role of the auditor and why the auditor must always remain ethical, the accountants are asked to discuss this information among themselves.

Using your textbook, the library, the Internet, or any other available materials, complete the following:

What type of work does an auditor perform?

Based on the Sarbanes-Oxley Act (SOX), how important is an auditor to a company?

In your opinion, why must an auditor be ethical?

In your opinion, do you think that an auditor should be a certified public accountant (CPA)? Why or why not?

Reference no: EM13887395

Questions Cloud

Use derivatives as a means to manage risk and enhance return : How does the company use derivatives as a means to manage risk and enhance returns?
Number of days of service a rough estimate is possible : An exact answer is not possible, but by making a reason- able guess of the number of landings per day and the number of days of service a rough estimate is possible.
What are the principles of operation : What type of deposition is this and how does it differ from other techniques of the same type?
Create a network diagram to show the arrangement : Create a network diagram to show the arrangement and connection relationships for the network components. Describe the network topology for the proposed design.
What type of work does an auditor perform? : What type of work does an auditor perform?
Describe a potential audit client : The following factors describe a potential audit client. For each factor, indicate whether it is indicative of poor corporate governance. Explain the reasoning for your assessment.
Produce a working packet tracer model of your design : Produce a working Packet Tracer Model of your design and advise the company on the hardware, cabling and protocols to be used for the proposed network.
Methods in behavioral research class : Develop a literature review for my research paper for my  Methods in Behavioral Research class. My topic is on distracted driving and I don't know how to begin this? My instructor just approved my topic yesterday, he missed the email I sen to him in ..
Lines of business likely produce the most stable earnings : Use the information in Exhibit 1.10 to explain what amounts and proportions of Bank of America's earnings come from each different line of business. Which lines of business likely produce the most predictable or stable earnings?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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