Question: 1. What is an independent CPA audit? Why is it needed? 2. What is GAAS? How is it used in an audit? 3. Name and

1. What is an independent CPA audit? Why is it needed?

2. What is GAAS? How is it used in an audit?

3. Name and describe five types of audit.

4. What is internal audit and what it's purpose?

5. What is the relationship between internal audit and internal controls?

6. What is the relationship between the external audit and the stock market?

7. What is the expected relationship between external auditors and internal auditors?

8. Which is more powerful, the internal auditor or the external auditor?

9. Which has more potential liability, internal auditor or external auditor, and why?

10. Would you rather be an internal or external auditor?

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1 What is an independent CPA audit Why is it needed An independent Certified Public Accountant CPA audit is a comprehensive examination and verification of a companys financial statements by an extern... View full answer

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Question: 1. What is an independent CPA audit? Why is it needed? 2. What is GAAS? How is it used in an audit? 3. Name and

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