4125 p 4-11032024140030-0001

Examples of assurance services include All of the following except......Select one:   a. Compliance engagement. b. Financial engagement. c. Due diligence engagement. d. Training engagement.

Financial audit Q&A What is the file type of the customer confirmation that is related to the outstanding balance the client has?

Auditing and Assurance Services T321 Which one of the following services provides a moderate level of assurance about the client's financial statements? Select one: O a. review O b. forecasts and projections O c. compliance O d. audit

Which of the following is considered an assurance engagement? Bookkeeping Preparation Compilation Audit

All of the following are examples of assurance services except:a. Financial engagement. b. Compliance engagement. c. Due diligence engagement. d. Training engagement.

Auditing. Please use own sentences

1. Please answer ASAP!!

Briefly explained the following key concepts below: A. Forensic Accounting B. Financial Accounting C. Auditing D. Fraud Examination E. Fraud Examiner F. Professional standards, legislation and regulatory requirements   NB: Answer questions A-F

5 ___________ is a tool for planning, directing, and controlling the audit work. a. Engagement letter b. Audit programme c. Audit report d. Audit evidence

quickly plz - The auditor shall obtain _____  that the organization have appropriately accounted for related party transaction and made appropriate disclosure of such relationship and transaction Management Representation Absolute assurance Audit evidence Reasonable assurance

Choose the documents which should be included in the audit documentation a. Summaries of significant matter O b. Issue memoranda O c. Audit program O d. All the options

2 What are the two main assurance level or engagements that auditors can perform for their clients regarding the financial statements:   _________________ ________________

The use of an audit engagement letter is the best method of assuring the auditor will have which of the following?Select one: a. Cooperation from other auditors b. Auditor will obtain sufficient appropriate audit evidence. c. Access to all books, accounts and vouchers required for audit purpose d. Management representation letter

For each of the descriptions 1-6, match the correct word or phrase from A-H.A. Inspections of tangible assetsB. ConfirmationC. TracingD. VouchingE. InquiryF. External-internal evidenceG. Audit planH. Substantive procedures___ 1. Documentation prepared by independent parties and sent to the client.___ 2. Proceeding forward through the accounting and control system from the evidence to the financial statements.___ 3. Audit of details of transactions and balances.___ 4. Audit procedure that provides compelling evidence of existence.___ 5. Direct correspondence with independent parties.___ 6. A list of audit procedures.

Give the meaning of Trust.

Define the following terms below: A. Forensic Accounting B. Financial Accounting C. Auditing D. Fraud Examination E. Fraud Examiner F. Professional standards, legislation and regulatory requirements   NB: Answer questions A-F

Multiple Select Question Select all that apply   Identify the principles of internal control by selecting the correct answers below. (Check all that apply.) Multiple select question. Insure assets. Maintain adequate records. Match revenues with expenses in the same accounting period. Record assets at cost. Apply technological controls. Establish responsibilities. Perform regular and independent reviews. Separate recordkeeping from custody of assets.

career auditing(auditors) two major responsibilities one needs to be in this career. please provide the link or site source.

Problem 5: Identify the correct description to the Presentation and Disclosure-Related Audit Objective: PRESENTATION AND DISCLOSURE-RELATED AUDIT OBJECTIVES DESCRIPTION 1. Occurrence and rights and obligations A. The note disclosures are accurate and their values are correct. 2. Completeness B. The account balances are correctly classified and the related financial statement disclosures are easy to understand. C. The information related to the accounts, as described in the note disclosures, do exist and represent the rights and obligations of the company. 3. Accuracy and valuation 4. Classification and understandability D. All disclosures, that are required, are included in the financial statement footnotes. PRESENTATION AND DISCLOSURE-RELATED AUDIT OBJECTIVES 1. PRESENTATION AND DISCLOSURE-RELATED AUDIT OBJECTIVES 2. PRESENTATION AND DISCLOSURE-RELATED AUDIT OBJECTIVES 3. PRESENTATION AND DISCLOSURE-RELATED AUDIT OBJECTIVES 4.

help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working

A review of how an organization’s management and its operating procedures are functioning with respect to their effectiveness and efficiency in meeting stated objectives. a. External Audit b. Operational Audit c. Cash Audit d. Internal Audit

Financial audit Q&A What is the audit assertion underlying the tracing procedure?

Financial audit Q&A What terms that must be included in the document prepared by the client?

Are there key areas that seem to be missing from any current auditing processes? Be sure to provide examples.