Why is it important that the auditor review all major journal entries?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (18 reviews)
All major journal entries should be reviewed because it would be an e...View the full answer
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ 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
-
Why is it important that the auditor establish objective criteria to determine the efficiency and effectiveness of performance before beginning the audit?
-
Why is it important that the business executive be alert to the significance of differing management styles?
-
Why is it important that the standard cost system be audited? How would the auditor test the standard cost system to determine that payroll expenses are appropriately charged to products?
-
Describe the process of testing software developed using both top-down and bottom-up development order. Which method results in the fewest resources required for testing? What types of errors are...
-
Copper rod is being reduced from a hot-rolled 3/8-in. diameter to a final diameter of 0.100 in. by wire drawing through a series of dies. The final wire should have a yield strength in excess of...
-
Two adults and a child want to push a wheeled cart in the direction marked x in Fig. 4.36. The two adults Rush with~ horizontal forces F 1 and F 2 as shown in the figure. (a) Find the magnitude and...
-
A survey of German adults found that 73% of customers who shop online pay through PayPal. You randomly select 150 German adults who shop online. Find the probability that the number who pay through...
-
Titan Mining Corporation has 8.5 million shares of common stock outstanding, 250,000 shares of 5 percent preferred stock outstanding, and 135,000 7.5 percent semiannual bonds outstanding, par value...
-
The current price of stock ABC is $80. A one-year call option with strike price $82 on this stock sells at $8.9. The risk free rate is 5%. (1) Suppose put-call parity holds, calculate the price of a...
-
The Golden Oranges Nursery, which provides facilities for pre-school children on a commercial basis, is preparing its cash budget for next year. A profile of the estimated revenues and expenses for...
-
In what ways is the auditor required to increase the amount of fraud skepticism on every financial statement audit engagement?
-
Does the auditor presume that there is a fraud in some specific accounts? Which accounts? How does this presumption change the nature of audit procedures?
-
The following data give the numbers of text messages sent by a high school student on 40 randomly selected days during 2012: a. Calculate the values of the three quartiles and the interquartile...
-
A typical loaded commercial jet airplane has an inertia of \(2.1 \times 10^{5} \mathrm{~kg}\). (a) Based on the time intervals involved, which do you expect to require more energy: getting the plane...
-
A \(5.0-\mathrm{kg}\) red book is suspended from a spring attached to the ceiling of an elevator that is accelerating downward. Attaching the book causes the spring to stretch \(71 \mathrm{~mm}\)...
-
Two blocks are hung by a string draped over a pulley, a \(1.0-\mathrm{kg}\) block on the left and a \(3.0-\mathrm{kg}\) block on the right. The two blocks start out at rest and at the same height....
-
Estimate the impulse delivered by a hammer to a nail being driven into a wood plank.
-
You lean out of your dorm window, which is \(12 \mathrm{~m}\) above the ground, and toss a \(0.12 \mathrm{~kg}\) ball up to a friend at a window \(11 \mathrm{~m}\) above you. (a) What is the slowest...
-
Which of the following is used to send a message? (a) MessageProducer (b) Destination (c) Session (d) Connection
-
The roof of a refrigerated truck compartment is of composite construction, consisting of a layer of foamed urethane insulation (t2 = 50 mm, ki = 0.026 W/m K sandwiched between aluminum alloy panels...
-
The following report indicates that Network Rail was focused on investment appraisal procedures in 2004 at the start of a five-year regulatory period. John Armitt, chief executive of Network Rail,...
-
Stainless Steel Specialties (SSS) is a manufacturer of hot water-based heating systems for homes and commercial businesses. The company has grown about 10% in each of the past five years. The company...
-
Field, CPA, is auditing the financial statements of Miller Mailorder, Inc. (MMI) for the year ended January 31, 2012. Field has compiled a list of possible risks, including both errors and fraud,...
-
In assessing the risks associated with revenue recognition, the auditor will likely consult criteria provided by the SEC. What criteria has the SEC used to help determine if revenue can be...
-
Show how binary exponentiation can be used to calculate a 128 efficiently. How many multiplications are required?
-
How can one tell many months the positive skew had in it?
-
Drug 4 mg I every 3 hours prn pain. Supplied as 10mg/10 ml. Calculate mL per dose?
Study smarter with the SolutionInn App