Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Management Representations as a Source of Audit Evidence
International Standard on Auditing as abbreviated ISA 580 Management Representations gives guidance and standards on the requirement of management representations as audit evidence, the process to be applied in documenting and evaluating management representations and the action to be taken whether management reject to offers suitable representations.
The auditor should get suitable representations from management
The auditor should get evidence which management acknowledges its responsibility about the fair presentation of the financial statements in accordance along with the relevant financial reporting framework, and where he has approved the financial statements. The auditor can get evidence of management's acknowledgment of such approval and responsibility from relevant minutes of meetings of directors of the board or similar body or through obtaining a written representation as of the financial statements of management or a signed copy.
techniques of vouching
what are requirements for a company to comply with king code?
Consultancy services
Meaning of True in Auditing Meaning of 'true and fair'/present fairly' Truth in accounting is quite different form scientific truth. Accounting does without a deal along w
Documentation of Representations by Management The auditor would ordinarily involve in audit working papers evidence of management's representations in form of a summary of or
Related Party Transactions Related party transactions-a transfer of obligations or resources among related parties, regardless of whereas a price is charged. A party is rel
Audit of Accounting Estimates An accounting estimate is described in ISA 540 Audit of Accounting Estimates as 'an estimation of the amount of an item in the absent of a precis
Ask question #MA. Evaluate the strengths and weaknesses of preview Company''s control environment B. What factors in Preview company''s control environment have led to and facilit
distinguish between early audits and modern audits
Analyse the ratios in conjunction with the additional information and identify from your analysis, implications for the audit and any particular audit steps that need to be underta
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd