Why is studying auditing different from studying other accounting topics? How might understanding auditing concepts prove useful
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 36% (11 reviews)
The study of auditing is more conceptual in nature compared to other accounting co...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 and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
Question Posted:
Students also viewed these Auditing questions
-
Why is it necessary for managers and other decision makers to understand how accounting information is developed and reported? Shouldnt it just be managements job to manage and the accountants job to...
-
Business decision makers desire information on sales returns and allowances. (1) Explain why a companys manager wants the accounting system to record customers returns of unsatisfactory goods in the...
-
Why is a knowledge of accounting terms and concepts useful to persons other than professional accountants?
-
A horizontal jet of water (at 10C) that is 6 cm in diameter and has a velocity of 20 m/s is deflected by the vane as shown. If the vane is moving at a rate of 7 m/s in the x-direction, what...
-
Suppose we have conducted a study that examines the impact of auditory distraction on test performance. The test contains 50 items, each of which counts as 2 points. Students complete the test in a...
-
The coefficient of static friction between layers of snow is 3. 7 under ideal conditions. What is the steepest angle a snow field can form ( \(\theta\) in Figure P10.105) before there is an...
-
A study was conducted to investigate the relationship between severe headaches and being left- or right-handed. (Incidentally, Lisa Kudrow, who played Phoebe Buffay on the hit sitcom "Friends," is an...
-
1. What are the dangers of having a flawed mission statement? 2. How does a flawed statement affect the development of a unit's mission statement and subsequent individual job descriptions and goals?...
-
5. In an arithmetic sequence, the 5th term is 2 and the 9th term is -10. Show all work for each of the following: a) Determine the common difference of the sequence. b) Find the first term of the...
-
Refer to the data given in Case 5.44. Complete the same requirements, assuming that Home and Garden Products Ltd uses weighted average process costing. In calculating unit costs, round your answer to...
-
Refer to Exhibit, which lists some of the inquiries and analytical procedures that might be performed for a review of accounts in the revenue cycle. Discuss how these procedures differ from the...
-
Discuss why there is a demand for auditing services in a free- market economy. What evidence suggests that auditing would be demanded even if it were not required by government regulation?
-
Ace Corporation, which is based in Texas, advertises on the Web. A court in Illinois would be most likely to exercise jurisdiction over Ace if Ace a. conducted substantial business with Illinois...
-
Indicate whether each of the following statements is true or false by writing T or F in t he a nswer c olumn. Simply visiting a Web site can sometimes indicate an acceptance by the user of the terms...
-
If a court has the power to review the decisions of another court, it has: a. appellate j urisdiction c. overrule a uthority b. original j urisdiction Write the letter of your c hoice i n t he a...
-
Indicate whether each of the following statements is true or false by writing T or F in t he a nswer c olumn. Most courts will acknowledge that by clicking the I accept button, the user has accepted...
-
Indicate whether each of the following statements is true or false by writing T or F in t he a nswer c olumn. Companies that provide Web sites that are forums for music to be shared without...
-
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. In a mutual-benefi t bailment, the bailee is required to extend extraordinary c are.
-
Which type of MOSFET is turned on by placing (a) 5 V on the gate and 0 V on the source? (b) 0 V on the gate and 5 V on the source?
-
In the synthesis of the keto acid just given, the dicarboxylic acid decarboxylates in a specific way; it gives Explain. HO rather than HO
-
Distinguish between libel and slander. What is meant by privilege in the context of defamation?
-
Go back and quickly review the rules that the Sarbanes-Oxley Act of 2002 placed on the auditing profession as described in this chapter. What do you think are the two or three main purposes of these...
-
Ken Smith, the partner in charge of the audit of Houghton Enterprises, a private entity, identified the following significant deficiencies during the audit of the December 31, 2021, financial...
-
What are the underlying principles that affect the control environment?
-
There are 42 locations throughout the northeast region with deposits totaling $3.2bil. If you were Kiamarie's vice president, how would you expect her to choose between Gagne's Nine Events of...
-
Why is succession planning essential in an organization? 2. What is the need for succession planning? 3. What do you think are the challenges to succession planning? 4. How can employees contribute...
-
Two activities/obligations/responsibilities that might be added to an updated version of the job description for an HR professional: How would you go about monitoring changes in laws and regulatory...
Study smarter with the SolutionInn App