Why is studying auditing different from studying other accounting topics? How might understanding auditing concepts prove useful
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 36% (11 reviews)
The study of auditing is more conceptual in nature compared to other accounting co...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
Question Posted:
Students also viewed these Auditing questions
-
Why is it necessary for managers and other decision makers to understand how accounting information is developed and reported? Shouldnt it just be managements job to manage and the accountants job to...
-
Business decision makers desire information on sales returns and allowances. (1) Explain why a companys manager wants the accounting system to record customers returns of unsatisfactory goods in the...
-
Why is a knowledge of accounting terms and concepts useful to persons other than professional accountants?
-
A horizontal jet of water (at 10C) that is 6 cm in diameter and has a velocity of 20 m/s is deflected by the vane as shown. If the vane is moving at a rate of 7 m/s in the x-direction, what...
-
Suppose we have conducted a study that examines the impact of auditory distraction on test performance. The test contains 50 items, each of which counts as 2 points. Students complete the test in a...
-
You have gone through the explanation offered by the directors behind their intention in deciding to extend the accounting year 19992000 by three months in their report for the year 19992000, as...
-
What happens if the conducting rod in Figure P29.1 rotates (a) clockwise about the \(z\) axis as viewed looking down the positive \(z\) axis toward the origin, \((b)\) clockwise about the \(x\) axis...
-
Suppose in its income statement for the year ended June 30, 2014, The Clorox Company reported the following condensed data (dollars in millions). Instructions (a) Prepare a multiple-step income...
-
26 The number of protons, neutrons, electrons in some particles are shown in the table below Particle Protons Neutrons electrons P 1 1 2 Q 2 2 2 R 3 4 2 T 4 5 4 Which one of the following particles...
-
How does the AICPA Code of Professional Conduct relate, if at all, to Statements on Auditing Standards?
-
Refer to Exhibit, which lists some of the inquiries and analytical procedures that might be performed for a review of accounts in the revenue cycle. Discuss how these procedures differ from the...
-
Discuss why there is a demand for auditing services in a free- market economy. What evidence suggests that auditing would be demanded even if it were not required by government regulation?
-
Using the F -notation, identify the F-value having area 0.975 to its left.
-
how to calculate income before tax and interest on PROFORMA sheet
-
What the Marketlands are and what the city plans to do there, using a reference from the cite you got the information from.
-
We have an arrangement of two charges separated by 100 cm in the y direction and each have magnitudes of +1.0 nC. What is the magnitude and direction of the electric field 50 cm to the right of the...
-
Why can an investor's annual return (who is making periodic investments of differing amounts) in the same "fund" the manager is managing differ from what the manager publishes as their annual...
-
017 10.0 points A string is stretched to a length of 65.9 cm and both ends are fixed. If the density of the string is 0.045 g/cm, and its tension is 1250 N, what is the funda- mental frequency?...
-
What are the components of spending?
-
In the synthesis of the keto acid just given, the dicarboxylic acid decarboxylates in a specific way; it gives Explain. HO rather than HO
-
Distinguish between libel and slander. What is meant by privilege in the context of defamation?
-
Go back and quickly review the rules that the Sarbanes-Oxley Act of 2002 placed on the auditing profession as described in this chapter. What do you think are the two or three main purposes of these...
-
Ken Smith, the partner in charge of the audit of Houghton Enterprises, a private entity, identified the following significant deficiencies during the audit of the December 31, 2021, financial...
-
What are the underlying principles that affect the control environment?
-
What regulatory frameworks govern the research, development, and commercialization of products derived from recombinant DNA technology, and how do they ensure safety, efficacy, and ethical standards...
-
How will MBG record the July 11 transaction? (4 marks) a. increase Advertising Expense and decrease Prepaid Advertising by $226 each, and also decrease Cash and increase Wages Expense by $75 each b....
-
Exhibit 11 THE MERGER OF HEWLETT-PACKARD AND COMPAQ (A): STRATEGY AND VALUATION Yield Curve for U.S. Treasury Bonds Date 1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr 2/4/2002 1.7 1.77...
Study smarter with the SolutionInn App