Discuss whether email responses and oral responses are confirmations. How can an auditor verify the addresses for

Question:

Discuss whether email responses and oral responses are confirmations. How can an auditor verify the addresses for confirmations sent by mail, and confirmations sent electronically?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

See More Books

Question Posted: Oct 10, 2012 07:48 AM

See More Questions

How can an auditor use results from procedures performed during the control risk assessment phase to affect the nature of substantive testing?
How can an auditor obtain evidence about the operating effectiveness of controls at an outside service provider?
How can an auditor find out whether payroll control procedures were followed by company personnel?
Find the point-slope form of the line pass- ing through the given points. Use the first point as (x 1 , y 1 ). (-3,4), (2,5)
The royalties received by an author for writing a college text are frequently set at a rate of about 15 percent of the publisher's book price. This may create a conflict between the goals of a...
New Bread Bakery purchased new equipment by making a down payment of $2000 and agreeing to make payments of $458 at the end of each month for five years. Interest is 9.2% compounded monthly. (a) What...
Consider the fuel consumption data in Table B.18. For the purposes of this exercise, ignore regressor $x_{1}$. Perform a thorough analysis of these data. What conclusions do you draw from this...
Terrys Concrete acquired 20% of the outstanding common stock of Blakeley, Inc. on January 1, 2010, by paying $1,100,000 for 40,000 shares. Blakeley declared and paid a $0.50 per share cash dividend...
Consider a 10 year bond with face value $1000. Pays 6% coupon semi annual and has a yeild to maruryity of 7%. How much would the approximate percentagechange in the price of bond if interest rate in...
Allie has bought a new apple orchard. The orchard has a single file of trees, numbered from 1 to N. Each tree has a certail number of ripe apples. Allie has a rule she wants to follow. She wants to...
State the most important factors affecting the sample size in confirmations of accounts receivable.
In Chapter 15, one of the points brought out was the need to obtain a representative sample of the population. How can this concept be reconciled with the statement in this chapter that the emphasis...
What is the largest acceptable error in position for 90% of the well-defined points on a map with a 1:24,000 scale that meets national map accuracy standards.
Divide the rational expression. Simplify. c+9 17 c2-81 c2-11c+18 (c-9)2
D E Factor the expression. 4x-16x+15.
(a) (6 marks) Caitlin is planning on going to Germany in 2023 and estimates she will need $8,000. If she invests $6,000 into a savings account that earns 8% p.a compounded monthly for a period of 6...
Would someone who hates risk pick one of their analytical methods over the others? Explain which one you would pick if you can put yourself in the shoes of the person who hates risk the most. Is the...
How do we compute the Average or Accounting Rate of Return on a capital budget proposal and why do you think managers would like to see this? 2) How do we compute the Cash Payback Method when...
What is the purpose of a GuardedObject?
After looking at the resources, explain what a spirit image is. Why might looking at a god and/or a human in terms of their spirit be helpful if you want to eliminate some of the divisions between...
Of the two proposals, this one is __________ persuasive. (a) more, (b) most Choose the correct option.
Auditing standards provide general guidance to auditors regarding audit sampling but do not require statistical versus nonstatistical sampling or specify which sampling method auditors should use....
The sampling data sheet below is missing selected information for six attributes involving tests of transactions for the sales and collection cycle. Required: a. Use Table 15-8 (p. 519) and Table...
For the audit of Carbald Supply Company, Carole Wever, CPA, is conducting a test of sales for 9 months of the year ended December 31, 2019. Included among her audit procedures are the following: 1....
For this assignment, submit the code (SQL script or document), including structure from the Data Definition Language (DDL) and the Data Manipulation Language (DML). Use these SQL Statements as a...
Data Manipulation Tasks a Insert 20 records into each table for testing purposes. a Delete an entire order by using the unique identifier for that order. o Update the price of a product by using the...
Data manipulation language (DML) provides a number of capabilities that allow you to build custom queries of existing data. What are two capabilities you might use to limit the data you select or...

Discuss whether email responses and oral responses are confirmations. How can an auditor verify the addresses for

Question:

Step by Step Answer:

Auditing standards indicate an oral response including a respo...View the full answer

Auditing and Assurance services an integrated approach

Students also viewed these Auditing questions