In all audits of governmental units performed according to GAGAS, the most important work is a. Compliance
Question:
a. Compliance auditing.
b. Obtaining a sufficient understanding of internal control.
c. Documentation of the audit.
d. Exit interviews with managers in the governmental unit.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
a Correct Auditing for compliance with laws and reg...View the full answer
Answered By
Anthony Ngatia
I have three academic degrees i.e bachelors degree in Education(English & Literature),bachelors degree in business administration(entrepreneurship option),and masters degree in business administration(strategic management) in addition to a diploma in business management.I have spent much of my life in the academia where I have taught at high school,middle level colleges level and at university level.I have been an active academic essays writer since 2011 where I have worked with some of the most reputable essay companies based in Europe and in the US.I have over the years perfected my academic writing skills as a result of tackling numerous different assignments.I do not plagiarize and I maintain competitive quality in all the assignments that I handle.I am driven by strong work ethics and a firm conviction that I should "Do Unto others as I would Like them to do to me".
4.80+
76+ Reviews
152+ Question Solved
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
Question Posted:
Students also viewed these Auditing questions
-
We will study the most important work of Nobel laureate Arthur Compton in Chapter 40. Disturbed by speeding cars outside the physics building at Washington University in St. Louis, Compton designed a...
-
Governmental auditing can extend beyond audits of financial statements to include audits of an agencys efficient and economical use of resources and a. Constitutionality of laws and regulations...
-
Compliance auditing performed under the Single Audit Act of 1984 in accordance with GAGAS is necessary for an auditors a. Report on the auditees internal control, including reportable conditions and...
-
answer the following questions about the countries below using CIA factbook Economic Systems Continuum Activity: Country Information Cards Answer the following questions about the countries below...
-
Jennifer elects to reduce her salary by $2,500 so she can participate in her employer's flexible spending arrangement. Her salary reduction is allocated as follows: $1,700 for medical and dental...
-
The input stream to a 4B/5B block encoder is 0100 0000 0000 0000 0000 0001 Answer the following questions: a. What is the output stream? b. What is the length of the longest consecutive sequence of...
-
If a stock price follows geometric Brownian motion, what is the process followed by the logarithm of the stock price?
-
Thomas Technologies Corporation (TTC) is an engineering services company based in Calgary. He companys Class B common shares are listed on the Toronto Stock Exchange. He Class A common shares are all...
-
Answer Questions for a market plan. Focus answers based on a cafe. Marketing Strategy 1. Product Lines - identify each product and service specifically. 2. Target Audience 3. Set measurable goals...
-
Lance H. and Wanda B. Dean are married and live at 431 Yucca Drive, Santa Fe, NM 87501. Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time as a...
-
Governmental auditors independence and objectivity are enhanced when they report the results of an audit assignment directly to a. Managers of the government agency under audit and in which the...
-
Which of the following is considered different and more limited in objectives than the others? a. Operational auditing. b. Performance auditing. c. Management auditing. d. Financial statement...
-
Azad Ltd. purchased furniture on October 01, 2014 for 4,50,000. On March 01, 2015 it purchased another furniture for 3,00,000. On July 01, 2016 it sold off the first furniture purchased in 2014 for...
-
SNC Lavalin. Pointers for Preparing your presentation: What was the institution and its business, reputation and strength, before the scandal? What was the incident? Where was the failure? What...
-
How to implement in Android Studio ? About this assignment In this assignment, I would like you to create an app to introduce a bit about yourself (see below as an example). You can write whatever...
-
Create a Python class representing a circle. Include methods to calculate its area and circumference.
-
Performance indexes calculation, for an Organization XYZ wants to build a community hub building in Mississauga, ON. The idea of the hub is to provide One Stop Shop concept for clients where...
-
Question: There are clearly different reasons for buying stock. Assume that Valente Corporation is holding $25,000 in cash that it will not need for several weeks. The money is currently in a money...
-
Derive the conclusion of the following symbolized arguments. Use conditional proof or indirect proof as needed.
-
The MIT Sloan School of Management is one of the leading business schools in the U.S. The following table contains the tuition data for the masters program in the Sloan School of Management. a. Use...
-
As part of its commitment to greenhouse gas reduction, the Government of Ontario, Canada, offers incentives to increase the adoption of electric vehicles. For example, new electric vehicles with a...
-
How do the competence and objectivity of others affect the auditors use of their work?
-
What are indicators of the objectivity of others performing work that is used by the auditor?
-
What does the auditor consider in evaluating the work of others? What tests might the auditor perform?
-
(10 pts) Bean & Bean operates 207 fashion specialty retail stores in 28 states. The company's actual data for its fiscal year ended September 29, 2017 (in millions of dollars): $5,825 Assets,...
-
The purpose of an accounting system analysis is to develop a user-oriented system that will meet the needs of the organization over the long term. Which of the would have a direct impact on an...
-
Why are department meetings important? What are the skills I learn from department meetings? What further reading should be done to improve meeting skills?
Study smarter with the SolutionInn App