What is GAS and how does an auditor use it?
Question:
What is GAS and how does an auditor use it?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (16 reviews)
Generalised audit software GAS packages contain n...View the full answer
Answered By
Divya Munir
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
0 Reviews
10+ Question Solved
Related Book For
Principles of Auditing An Introduction to International Standards on Auditing
ISBN: 978-0273768173
3rd edition
Authors: Rick Hayes, Philip Wallage, Hans Gortemaker
Question Posted:
Students also viewed these Business questions
-
What is an aged trial balance of accounts receivable? How does an auditor use it? How does an auditor determine that it is correctly aged?
-
How does an auditor evaluate the control procedures of an automated AIS? How is the element of uncertainty handled in the audit examination?
-
Auditing standards indicate that if control risk is assessed as low or moderate, the auditor must gain assurance that the controls are operating effectively. Required a. What is meant by testing the...
-
Barbara buys 100 shares of DEM at $35 a share and 200 shares of GOP at $40 a share. She buys on margin and the broker charges interest of 10 percent on the loan. a. If the margin requirement is 55...
-
The Buffalo Insurance Agency received the following notes during 2015: Requirements 1. Identifying each note by number, compute interest using a 360-day year, and determine the due date and maturity...
-
Use examples to describe how transgenic organisms are useful to humans.
-
What the procedures are for a third-party stakeholder to deposit funds with the court?
-
Break-Even Assume a firm is considering a new project that requires an initial investment and has equal sales and costs over its life. Will the project reach the accounting, cash, or financial...
-
Nancy Duncan received a payment of 75,000 from a life insurance company. She put it in an account that would pay 6% compounded quarterly. Nancy wanted to make equal quarterly withdrawals from the...
-
Bangkok Instruments, Ltd., is the Thai affiliate of a U.S. seismic instrument manufacturer. Bangkok Instruments manufactures the instruments primarily for the oil and gas industry globally, though...
-
What techniques are used to corroborate an explanation for an analytical procedure finding?
-
What are the six audit tasks accomplished by file interrogation? Describe two in detail.
-
Benjamin Company purchased (at a cost of $10,900) and used 2,300 pounds of materials during May. Benjamins standard cost of materials per unit produced is based on 2 pounds per unit at a cost $5 per...
-
The company earned $ 1 8 0 0 , in additional interest revenue during December that has not yet been recorded. The cash will be received during January. What would the = SE + L equation look like at...
-
How are strategic decisions, such as drilling or not drilling for oil and shale gas, made?
-
What types of cases and situations would lead a prosecutor to begin the process via Preliminary Hearing?
-
Why do you think some employees' behavior might not match up with the organization's guidelines at times?
-
How do you know if the research is objective, accurate, authoritative, current, and relevant? How comfortable are you with critiquing research? What is peer review and how it is relevant to the...
-
Find the critical value(s) and rejection region(s) for the type of t-test with level of significance a and sample size n. Left-tailed test, = 0.01, n = 35
-
United Business Forms capital structure is as follows: Debt ............................................ 35% Preferred stock ........................... 15 Common equity .......................... 50...
-
Discuss the probable impact on your hometown if a major breakthrough in air transportation allowed foreign producers to ship into any U.S. market for about the same transportation cost that domestic...
-
Will the elimination of trade barriers between countries in Europe eliminate the need to consider submarkets of European consumers? Why or why not?
-
What and who is the U.S. government attempting to protect in its effort to preserve and regulate competition?
-
Using periodic costing procedures, compute the cost of the December 31 inventory Number Cost Total of Units Per Unit Cost Inventory, Jan. 1 12 $299 $3,588 First purchase (May 12) 15 306 4,590 Second...
-
Bumgardner Incorporated has provided the following data concerning one of the products in its standard cost system. Inputs Direct materials standard Quantity or Hours per Unit of output 8.0 liters...
-
This course was very challenging and engaging. I really enjoyed everything that I learned during this course that will help me run a successful business. What have you learned in this course and...
Study smarter with the SolutionInn App