State the deficiencies discovered by PCAOB with the use of substantive analytical procedures in testing revenue. Also, state the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

Question

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Answer 1

Question

Chapter 14, Problem 29DQP

a.

To determine

State the deficiencies discovered by PCAOB with the use of substantive analytical procedures in testing revenue. Also, state the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

b.

To determine

State the procedures recommended by PCAOB to auditors to perform assess the risk of material misstatements. Also, state the deficiencies discovered by PCAOB regarding auditing disclosures.

c.

To determine

State the guidance provided to auditors by PCAOB for performing procedures that are specifically responsive to identified fraud risks.

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Answer 2

Question

Chapter 14, Problem 29DQP

a.

To determine

State the deficiencies discovered by PCAOB with the use of substantive analytical procedures in testing revenue. Also, state the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

b.

To determine

State the procedures recommended by PCAOB to auditors to perform assess the risk of material misstatements. Also, state the deficiencies discovered by PCAOB regarding auditing disclosures.

c.

To determine

State the guidance provided to auditors by PCAOB for performing procedures that are specifically responsive to identified fraud risks.

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Answer 3

Question

Chapter 14, Problem 29DQP

a.

To determine

State the deficiencies discovered by PCAOB with the use of substantive analytical procedures in testing revenue. Also, state the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

b.

To determine

State the procedures recommended by PCAOB to auditors to perform assess the risk of material misstatements. Also, state the deficiencies discovered by PCAOB regarding auditing disclosures.

c.

To determine

State the guidance provided to auditors by PCAOB for performing procedures that are specifically responsive to identified fraud risks.

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Answer 4

Question

Chapter 14, Problem 29DQP

a.

To determine

State the deficiencies discovered by PCAOB with the use of substantive analytical procedures in testing revenue. Also, state the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

b.

To determine

State the procedures recommended by PCAOB to auditors to perform assess the risk of material misstatements. Also, state the deficiencies discovered by PCAOB regarding auditing disclosures.

c.

To determine

State the guidance provided to auditors by PCAOB for performing procedures that are specifically responsive to identified fraud risks.

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Answer 5

Chapter 14, Problem 29DQP

a.

To determine

State the deficiencies discovered by PCAOB with the use of substantive analytical procedures in testing revenue. Also, state the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

b.

To determine

State the procedures recommended by PCAOB to auditors to perform assess the risk of material misstatements. Also, state the deficiencies discovered by PCAOB regarding auditing disclosures.

c.

To determine

State the guidance provided to auditors by PCAOB for performing procedures that are specifically responsive to identified fraud risks.

Answer 6

Chapter 14, Problem 29DQP

a.

To determine

State the deficiencies discovered by PCAOB with the use of substantive analytical procedures in testing revenue. Also, state the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

Answer 7

Chapter 14, Problem 29DQP

a.

To determine

State the deficiencies discovered by PCAOB with the use of substantive analytical procedures in testing revenue. Also, state the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

Answer 8

b.

To determine

State the procedures recommended by PCAOB to auditors to perform assess the risk of material misstatements. Also, state the deficiencies discovered by PCAOB regarding auditing disclosures.

Answer 9

b.

To determine

State the procedures recommended by PCAOB to auditors to perform assess the risk of material misstatements. Also, state the deficiencies discovered by PCAOB regarding auditing disclosures.

Answer 10

c.

To determine

State the guidance provided to auditors by PCAOB for performing procedures that are specifically responsive to identified fraud risks.

Answer 11

c.

To determine

State the guidance provided to auditors by PCAOB for performing procedures that are specifically responsive to identified fraud risks.

Answer 12

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Answer 13

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Answer 14

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Answer 15

Ch. 14 - Describe the following documents and records and...Ch. 14 - Prob. 2RQ Ch. 14 - Prob. 3RQ Ch. 14 - Prob. 4RQ Ch. 14 - Prob. 5RQ Ch. 14 - Prob. 6RQ Ch. 14 - Prob. 7RQ Ch. 14 - Prob. 8RQ Ch. 14 - Prob. 9RQ Ch. 14 - Prob. 10RQ

State the deficiencies discovered by PCAOB with the use of substantive analytical procedures in testing revenue. Also, state the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

Solution Summary: The author states the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

State the deficiencies discovered by PCAOB with the use of substantive analytical procedures in testing revenue. Also, state the PCAOB recommendations to auditors to develop plausible expectations of revenue while performing substantive analytical procedures.

State the procedures recommended by PCAOB to auditors to perform assess the risk of material misstatements. Also, state the deficiencies discovered by PCAOB regarding auditing disclosures.

State the guidance provided to auditors by PCAOB for performing procedures that are specifically responsive to identified fraud risks.

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Chapter 14 Solutions