Consult Paragraph 14 and Paragraph A8 (in Appendix A) of PCAOB Auditing Standard No. 5. Provide examples
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (13 reviews)
Paragraph 14 of Auditing Standard 5 focused on the importance of auditors utilizing the results of their fraud risk assessments as part of the audit S...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 Accounting Cases Investigating Issues of Fraud and Professional Ethics
ISBN: 978-0078025563
4th edition
Authors: Jay Thibodeau, Deborah Freier
Question Posted:
Students also viewed these Auditing questions
-
Consult Paragraph A5 (in Appendix A) of PCAOB Auditing Standard No. 5 and Paragraph 68 of PCAOB Auditing Standard No. 12. Do you believe that WorldCom had established an effective system of internal...
-
Consult Paragraph A5 (in Appendix A) of PCAOB Auditing Standard No. 5. Do you believe that WorldCom had established an effective system of internal control over financial reporting related to the...
-
Consult Paragraphs 14 and A8 (in Appendix A) of PCAOB Auditing Standard No. 5. Provide an example of both a preventive control and a detective control that could address the risk that a fraudulent...
-
Penelope Pundit, an economics reporter, states that the European Union (EU) is increasing its productivity very rapidly in all industries. She claims that this productivity advance is so rapid that...
-
During 2012, CE Electronics entered into the follow On its 2011 balance sheet, CE reported gross accounts receivable of $707,000 and an allowance account of $43,000. Required Prepare all journal...
-
1. Imagine a scenario where you are Mr. Parks. What do you think you would have done after the conversation with Mr. Jackson? Write a paragraph describing your action plan. 2. Write a paragraph...
-
A researcher hypothesizes that drivers who use cellular phones will get into a greater number of traffic accidents than drivers who do not use these phones. For this example, a. What are the...
-
Ethylene glycol flows at 0.0 I kg/s through a 3-mm-diameter, thin-walled tube. The tube is coiled and sub-merged in a well-stirred water bath maintained at 25C. If the fluid enters the tube at 85C,...
-
Consider the following combinational circuit with 3 inputs a, b, c and two outputs F1 and Fo given by its truth table. a b C Fo F 0 0 0 1 0 0 1 0 1 0 1 0 0 1 0 1 1 1 1 1 0 0 0 1 1 0 1 0 0 1 1 0 0 1 1...
-
Assume that an economy can be represented by the following per worker output function: y-AKa where a-1/3 and 4-5. The depreciation rate for capital is given by 8-10% and the investment rate is given...
-
Consult Paragraphs 13-21 of PCAOB Auditing Standard No. 15. In terms of audit effectiveness and efficiency, briefly explain the difference between substantive analytical procedures and substantive...
-
Consider the principles, assumptions, and constraints of Generally Accepted Accounting Principles (GAAP). Define the revenue recognition principle, and explain why it is important to users of...
-
In problem use variation of parameters to solve the given system. X' = )* - () 2e X + -1/ -2 3.
-
A 700.0 N man stands on a scale in an elevator. The scale records the force it exerts on whatever is on it. What is the scale reading if the elevator acceleration is (a) 1.80 m/s [up], (b) 1.80 m/s...
-
On Jan 1, 2022, Danube Company borrowed $30,000 and signed a 2-year 6% note requiring monthly payments that would consist of a fixed amount of principal with interest added on. Payments are due at...
-
A system composed of the following particles: a 0.500kg particle at the origin; a 1.25kg particle at x=0.150m,y=0.200m; and a 0.750kg particle at x=0.200m,y=-0.800m. Find the x-coordinate of the...
-
Huang Corporation makes 70,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials 7.00 Direct labor 21.00...
-
Did the thermometer or temperature strip get hotter at a 90- or 45-degree angle? Why are temperatures hotter in locations near the equator? Justify your answer .
-
The demand for some pharmaceutical drugs is quite inelastic because customersneed the drugs to survive. This has made it possible for some drug companies to charge more than $1,000 for a daily dose...
-
Describe a group you belong or have belonged discuss the stages of group development and suggest how to improve the group effectiveness by using the group development model.
-
What audit procedures should be performed to search for subsequent events?
-
What is meant by "dual dating"? Explain how dual dating limits the auditor's responsibility for subsequent events.
-
Explain the auditor's responsibilities when it is discovered that facts existed at the date of the audit report but were not known to the auditor.
-
When considering a private cloud for a large clinic or hospital, identify two key issues that you believe should be examined by the auditor for each of the following risks: (1) regulatory risk, (2)...
-
Consider a memory system with a cache access and mapped time of 110 ns and a memory access time of 210 ns (assume the memory access time includes the time to check the cache, page table, and access...
-
Assume you are long the gold future contract. In six months, the price of gold is $1300. Spot Price of Gold Future Price in 6 month contract $1200 $1275
Study smarter with the SolutionInn App