In the overview of audit procedures, five different activities are identified in the evidence gathering and evaluation
Question:
In the overview of audit procedures, five different activities are identified in the evidence gathering and evaluation process. What are those activities and why is it important that each is considered and integrated into an overall assessment of audit evidence?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
The activities during which evidence is gathered and evaluated include 1 Understand the client and i...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Auditing A Business Risk Approach
ISBN: 978-0538476232
8th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
Question Posted:
Students also viewed these Auditing questions
-
Audit Procedures. Auditors use different types of audit procedures to gather the evidence necessary to conclude that the risk of material misstatement for each relevant assertion has been reduced to...
-
What is media evaluation? Why is it important to advertisers?
-
Why is it important that convertible securities also be callable (redeemable)?
-
Implement a Digraph data type that represents directed graphs, where the direction of edges is significant: \(\operatorname{addEdge}(v, w)\) means to add an edge from \(v\) to \(w\) but not from...
-
During 2012, Maverick Inc. became involved in a tax dispute with the IRS. Mavericks attorneys have indicated that they believe it is probable that Maverick will lose this dispute. They also believe...
-
Tech Systems manufactures an optical switch that it uses in its final product. Tech Systems incurred the following manufacturing costs when it produced 68,000 units last year: Direct...
-
Follow the steps below to prove the LLN without using CLT. (a) Let \(X\) be a random variable with mean \(\mu\) and variance \(\sigma^{2}\). Then for any real number \(\alpha>0,...
-
The stockholders equity accounts of Lawrence Company have the following balances on December 31, 2010. Common stock, $10 par, 200,000 shares issued and outstanding............$2,000,000 Paid-in...
-
Using Doug Melville's checklist from his TEDx Talk evaluate which of his recommendations for improving diversity awareness are most useful to business leaders, and why.
-
Ace, Boy, and Cid are partners sharing profits in the ratio of 3:3:2. On July 31, their capital balances are as follows: Ace P700,000, Boy P500,000, and Cid P400,000. The partners agree to admit...
-
Hermanson, D., & Ye, Z. (2009). Why Do Some Accelerated Filers with SOX Section 404 Material Weaknesses Provide Early Warning under Section 302? Auditing: A Journal of Practice & Theory 28(2):...
-
For audits under the jurisdiction of the PCAOB, auditors must document significant findings or issues and actions taken to address them. One of the significant findings that auditors are required to...
-
Identical items are sold at English auction by one of two methods. One is to auction single items, one at a time. The other is to hold an initial English auction in which the high bidder has the...
-
What needs to be done to support undefined instruction exceptions in your datapath from 4.34.1? Note that the undefined instruction exception should be triggered whenever the processor encounters any...
-
What are the main types and sources of water pollution? Why might the source of the problem matter for policy design?
-
Explain how you would estimate the change in ecosystem service values from a decision to conserve an area of coastal mangrove wetlands, rather than allowing a new harbour development to proceed.
-
Explain how you would undertake a cost-benefit analysis of a planned new nuclear power station. Why might the choice of discount rate be particularly crucial to the net
-
Explain the challenges that countries face when considering how to coordinate over an international environmental agreement such as the Kyoto Protocol.
-
The chief operating officer of the Wisconsin Corporation is considering the effect of depreciation on the companys ROI. In the most recent year, net operating profit after taxes was $35,000,000 and...
-
a) Show that (a, b) := {{a}, {b}} does not satisfy the ordered pair axiom. b) Determine whether each of the following statements is true or false. (Give a reason in each case): (i) {a, b} C (a, b)....
-
How can an auditor introduce unpredictability into audit procedures?
-
On May 22, 2012, the audit firm of Brock, Schechter & Polakoff LLP (hereafter BSP) was censured and fined $20,000 by the PCAOB in relation to its audits of public companies located in Taiwan and...
-
The following is a description of various factors that affected the operations of Lincoln Federal Savings and Loan, a California savings and loan (S&L). It was a subsidiary of American Continental...
-
In which one of the following lists are ALL items relevant to the determination of employment income? Employee RPP contributions; signing bonus on accepting employment; use of an employer - owned...
-
what is the shortest maturity bond issued by pfizer that is outstanding?
-
Manufacturing Company Balance Sheet Partial balance sheet data for Diesel Additives Company at August 31 are as follows: Finished goods inventory $89,400 Prepaid insurance 9,000 Accounts receivable...
Study smarter with the SolutionInn App