What are the ten steps of an operational audit program? Identify each step and what the auditor
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 56% (16 reviews)
Every operational audit follows the same tenstep process The steps are applicable to all op...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 a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
Question Posted:
Students also viewed these Auditing questions
-
What are the ten areas of privacy practices described in the Online Privacy section of the AICPA Trust Services Principles?
-
How does an operational audit program differ from a financial audit program?
-
What are the ten rules of CRM success, according to Reservoir Partners?
-
Ira Icandoit is a staff auditor in the internal audit function of a small manufacturing company located in western Kansas. Ira recently completed a professional development course on a statistical...
-
What is a solubility limit, and how might it be determined?
-
Suppose you deposit $2,000 in currency into your checking account at a branch of Bank of America, which we will assume has no excess reserves at the time you make your deposit. Also assume that the...
-
Suppose that the price of an asset follows a Brownian motion : \[d S=\mu S d t+\sigma S d z\] (a) What is the stochastic process for \(S^{n}\) ? (b) What is the expected value for \(S^{n}\) ?
-
The adjusted trial balances of Rosa Corporation at August 31, 2014, and August 31, 2013, include these amounts (in millions): Rosa completed these transactions (in millions) during the year ended...
-
Total assets $1,030,000 Total liabilities 618,000 Total stockholders' equity ? Interest expense $ 20,000 Income tax expense 110,000 Net income 157,000 (a) Compute the December 31, 2022, balance in...
-
You have completed the requested financial reports for Sherville Racquet Club. Before you send to the client, you want to confirm the internal reports you have prepared are consistent with external...
-
What is an operational audit?
-
Why is it important that the auditor establish objective criteria to determine the efficiency and effectiveness of performance before beginning the audit?
-
In Problems 7780, use a numerical integration routine on a graphing calculator to find the area bounded by the graphs of the indicated equations over the given interval (when stated). Compute answers...
-
What is so special about services marketing that it needs a special approach?
-
How are disputes resolved within the WTO? Within the NAFTA?
-
How do you typically go about gathering research? Is your method effective? Is it thorough? How could it be improved?
-
How can brands be used to tier service products?
-
What are the approaches firms can take to create new services?
-
Breeding is often a dangerous activity for many animals, requiring a great deal of energy and sometimes an increased exposure to predation. In contrast, animals that have reached breeding age have...
-
Compile data on consumption and expenditures for the following categories in 30 different countries: (1) food and beverages, (2) clothing and footwear, (3) housing and home operations, (4) household...
-
In 2020-21, Roberta (who is not a Scottish taxpayer) has rental income of 16,700 and receives building society interest of 1,100. Her personal allowance is 12,500. Calculate the income tax liability...
-
How is the value of any asset whose value is based on expected future cash flows determined? MINI CASE Sam Struthers and Shawna Tibbs are vice-presidents of Mutual of Seattle Insurance Company and...
-
How is the value of a bond determined? What is the value of a 10-year, $1,000 par value bond with a 10 percent annual coupon if its required rate of return is 10 percent? MINI CASE Sam Struthers and...
-
What would be the value of the bond described in part d if, just after it had been issued, the expected inflation rate rose by 3 percentage points, causing investors to require a 13 percent return?...
-
A large sized chemical company has been expected to grow at 14 per cent per year for the next 4 years and then to grow indefinitely at the same rate as that of the national economy, that is, 5 per...
-
A son will receive 3000 pesos at the beginning of each 3 months for 4 years. What is the sum of this annuity at the end of the 4th year if the interest rate is 6% compounded quarterly?
-
Economics studies the social organization through which people satisfy their wants for scarce goods, including services. Give some examples of economic want. What are the three main advantages of...
Study smarter with the SolutionInn App