User Account

All Pages

Which is not a method used to document details of an audit

Assignment Help Financial Accounting
Reference no: EM132867230

Problem 1: Which of the following is not a method used to document details of an audit client's accounting system ?

a-Internal control questionnaire

b-Management letter

c-Narrative description

d-Flowchart

Problem 2: Internal control test results are used to determine:

a-Nature and timing of substantive procedures

b-Nature and extent of substantive procedures

c-Nature, extent and timing of analytical procedures

d-Nature, extent and timing of substantive procedures

Reference no: EM132867230

Questions Cloud

Hypercholesterolemia : Hypercholesterolemia (high cholesterol levels in the blood) is associated with various cardiovascular diseases such as atherosclerosis,
Which management letter given by the auditors to management : Which management letter given by the auditors to management? Explains the internal control strengths and weaknesses found during the audit
Which the auditor first step should be to : If auditors discover that the total errors found during an audit exceed the audit materiality, which the auditor's first step should be to
Which segregation of duties in audit client business means : An auditor would expect that the segregation of duties in a large multi-national company, compared to a small entrepreneurial company, would normally
Which is not a method used to document details of an audit : Which is not a method used to document details of an audit client's accounting system? Internal control questionnaire. / Narrative description
Understand from business standpoint : What are some of the components of these cultures that you need to understand from a business standpoint? How are they different in each country?
Prepare the journal entry to record the bond issue : Francine Ltd. is a public corporation and issues $500,000 of 8% bonds on 1 January 2015, Prepare the journal entry to record the bond issue
Cost of quality and quality control systems : Evaluate the two fast-food restaurants you selected in Part 1 of this discussion in terms of the "Seven QC tools".
What is chris average return for the year : Chris had $80,000 in investments.Calculate the amount of stocks, bonds and cash equivalents in his portfolio today. What is Chris's average return for the year?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd