By now, you should be thoroughly familiar with the roles, responsibilities, duties, and so on, of an external auditor. Compare and contrast the work of an external auditor to that of an internal auditor. Similarly, compare and contrast the work of an external auditor to that of a forensic accountant. Comment on the roles, goals, relationship with management, testing performed, duty to independence, and to whom they are ultimately responsible.
Answer to relevant QuestionsSome universities now offer degrees in forensic accounting. Based on what you read about the activities of a forensic accountant, what are your thoughts about someone starting out fresh with an accounting degree going ...Match the accountants with the services provided1. Attest 2. Financial statement review 3. Financial statement compilation 4. Agreed-upon procedures 5. Comfort letters for underwriters6. Special projects for ...You are performing a review for a company with a plant that uses many different types of metals, including steel, aluminum, and copper. As part of your inquiry, you ask about the inventory and control of scrap. The plant ...What is the benefit of the Single Audit Act?What is the purpose of an audit?
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