Is the auditor responsible for reporting fraud to outsiders? Explain your answer.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
The auditor is not required or permitted to disclose possible fraud to individuals other than ...View the full answer
Answered By
Hemstone Ouma
"Hi there! My name is Hemstone Ouma and I am a computer scientist with a strong background in hands-on experience skills such as programming, sofware development and testing to name just a few. I have a degree in computer science from Dedan Kimathi University of Technology and a Masters degree from the University of Nairobi in Business Education. I have spent the past 6 years working in the field, gaining a wide range of skills and knowledge. In my current role as a programmer, I have had the opportunity to work on a variety of projects and have developed a strong understanding of several programming languages such as python, java, C++, C# and Javascript.
In addition to my professional experience, I also have a passion for teaching and helping others to learn. I have experience as a tutor, both in a formal setting and on a one-on-one basis, and have a proven track record of helping students to succeed. I believe that with the right guidance and support, anyone can learn and excel in computer science.
I am excited to bring my skills and experience to a new opportunity and am always looking for ways to make an impact and grow as a professional. I am confident that my hands-on experience as a computer scientist and tutor make me a strong candidate for any role and I am excited to see where my career will take me next.
5.00+
8+ Reviews
22+ Question Solved
Related Book For
Auditing and Assurance Services An Applied Approach
ISBN: 978-0073404004
1st edition
Authors: Iris Stuart
Question Posted:
Students also viewed these Auditing questions
-
To what extent is the auditor responsible for illegal acts that do not have a material, direct impact on the financial statements? Does the auditors responsibility for material financial statement...
-
Explain what procedures the auditor should employ upon identifying fraud risk factors.
-
Explain the role of the auditor in the financial reporting process.
-
Solve e x+yi = 7.
-
What is the energy of a photon if its wavelength is 5.88 104 m?
-
Miracle Printers (MP) manufactures printers. Assume that MP recently paid $ 600,000 for a patent on a new laser printer. Although it gives legal protection for 20 years, the patent is expected to...
-
Use Table 1, or software, to find (a) \(B(8 ; 16,0.40)\); (b) \(b(8 ; 16,0.40)\); (c) \(B(9 ; 12,0.60)\); (d) \(b(9 ; 12,0.60)\); (e) \(\sum_{k=6}^{20} b(k ; 20,0.15)\); (f) \(\sum_{k=6}^{9} b(k ;...
-
Haaki Shop, Inc. is a large retailer of surfboards. The company assembled the information shown below for the quarter ended May 31: Total Sales Revenue...
-
Let f(x)=x for rational x and f(x) = 0 for irrational x. (a) Calculate the upper and lower Darboux integrals for f on the interval [0, b]. (b) Is f integrable on [0,b]?
-
Assuming the cost of an associate leaving within 90 days is $3,000, what will be your facility's approximate cost of early turnover for this year? Year-to-Date Turnover Avg. Head- count Total < 90...
-
Describe how management prepares fraudulent financial statements and misappropriates assets.
-
1. Which of the following presumptions is correct about the reliability of evidential matter? a. Information obtained indirectly from outside sources is the most reliable evidential matter. b. To be...
-
A medical researcher says that less than 25% of U.S. adults are smokers. In a random sample of 200 U.S. adults, 19.3% say that they are smokers. At = 0.05, is there enough evidence to support the...
-
When can an employer legally hire someone not authorized to work in this country?
-
Ron orally engages Dian to act as his agent. During the agency, Ron knows that Dian deals with Mary. Ron also knows that Pete and Brad are aware of the agency but have not dealt with Dian. Ron...
-
Eaters Feast Company is a subsidiary of Food Prep, Inc. A merger of Eaters Feast into Food Prep is a. a corporate liquidation. b. a short-form consolidation. c. a short-form merger. d. a violation of...
-
Grant was the general partner in Oil Build, LP, which he formed to construct offshore oil rigs. He asked Lucinda to invest in the company. A low bridge separated Oil Builds rig construction site from...
-
To obtain a contract with Sadat, Cindy misrepresents that she is a partner with Karl. Karl overhears Cindys misrepresentation but says nothing to Sadat. Cindy breaches the contract. Who is liable to...
-
In the calculation of GDP, which of the following purchases is included as household consumption expenditure? a. A new apartment building purchased by a landlord b. A new calculator required for a...
-
The area of square PQRS is 100 ft2, and A, B, C, and D are the midpoints of the sides. Find the area of square ABCD. B A
-
With the research on twins reared apart and evidence from the Big Five personality theory relating personality traits to leader emergence in groups, one question that arises is whether leaders are...
-
Describe the steps in obtaining an understanding of ICFR using a top- down, risk- based approach.
-
The period- end financial reporting process controls are always important. What are those controls, and what should the auditors evaluation of those controls include?
-
A walkthrough involves tracing a transaction through the information system. What types of evidence does a walkthrough provide to the auditor?
-
How in a perfect world would muni bonds pay interest? Explain the correlation between the greater premium and high tax states. Will you invest in Muni bonds based on the new findings? Please discuss.
-
CityLight Co. is struggling financially. Prior to debt renegotiations, the company's total assets were $11 million and total liabilities were $18 million. The company has negotiated with the debtors...
-
How might technology change in the future? How will technology make our lives better in the next ten years? What kinds of technology are you most excited about? What do you think will be the next...
Study smarter with the SolutionInn App