a. How can analytical procedures assist the auditor in audit planning? b. List the steps involved in
Question:
a. How can analytical procedures assist the auditor in audit planning?
b. List the steps involved in the effective use of analytical procedures in the planning phase.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
a How analytical procedures assist the auditor in audit planning Analytical procedures play a crucial role in audit planning by helping auditors assess the clients business risks identify areas of pot...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
Question Posted:
Students also viewed these Business questions
-
Sheng Siong is one of Singapore's largest retailers with 64 stores located all across the island. Sheng Siong's chain stores are designed to provide customers with both "wet and dry" shopping options...
-
Audit standards require that auditors use analytical procedures at two stages in the audit: at the planning, or risk assessment, level and at the final, or concluding, stages of the audit. In...
-
How can analytical procedures assist the auditor in audit planning?
-
Chuck, a single taxpayer, earns $86,000 in taxable income and $20,000 in interest from an investment in City of Heflin bonds. (Use the U.S. tax rate schedule.) Required: a. If Chuck earns an...
-
Sketch the set of points (x1, x2) = xT in R2 such that (a) ||x||2 = l (b) ||x||1 = 1 (c) ||x|| = 1
-
What are some of the ways to proactively search for inventory-related financial statement fraud schemes?
-
The Body Shop International PLC 2004 Annual Report included the following accounting policy: Leased assets Assets held under finance leases are capitalised at amounts approximating to the present...
-
Here are the 2013 and 2014 (incomplete) balance sheets for Newble Oil Corp. a. What was owners' equity at the end of 2013 and 2014? b. If Newble paid dividends of $100 in 2014 and made no stock...
-
Find the cosine of ZX. 8 Z 15 Y 17 X Simplify your answer and write it as a proper fraction, improper fraction, or whole cos (X) =
-
a. Describe the types of calculations and comparisons commonly used in analytical procedures. b. What premise underlies the use of analytical procedures in auditing? c. Identify five sources of...
-
a. State three uses of analytical procedures in an audit engagement. b. Which uses are required on all audits?
-
Wed like to read a license plate (numbers about 5.0 cm 5.0 cm) at a distance of 161 km (about 100 mi). How big an objective mirror would a spy satellite need? Assume a mean wavelength of 550 nm.
-
There are 115 calories in one chocolate chip cookie. Write an algebraic expression for the number of calories consumed if n cookies are eaten.
-
Sketch a line with the given slope m and y-coordinate of the y-intercept b. Write its slope -intercept form. m=1,b=7 Use the graphing tool to graph the equation.
-
The functions f and g are defined as follows. f(x)=-3x^(3)-2,g(x)=-5x+2 Find f(-4) and g(3) Simplify your answers as much as possible. f(-4)=22 g(3)=prod
-
Standard Deduction Amounts Filing Status 2020 Single 12,400 Married Filing Jointly or Surviving Spouse 24,800 Head of Household 18,650 Married Filing Separately 12,400 Child Tax Credit (per child)...
-
The function f(x) is a quartic function and the zeros of f(x) are -5,-2,3 and 5 . The y-intercept of f(x) is -450. Write the equation of the quartic polynomial in standard form.
-
Germanium forms a substitutional solid solution with silicon. Compute the number of germanium atoms per cubic centimeter for a germanium-silicon alloy that contains 15 wt% Ge and 85 wt% Si. The...
-
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.
-
Question 3 of 17
-
A business's source documents: Multiple Choice Include the chart of accounts. Must be in electronic form. Are records of all increases and decreases in a specific asset Identify and describe...
-
Tax laws are constantly trying to catch up with new revenue sources. One good recent example are cryptocurrencies (virtual digital currencies). Read the attached article and discuss the following...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App