Auditing

away Auditing AC555 Week 3 HW CHAPTER 6 6-19:a. (2.)b. (2.)c. (1.) 6-20:a. (1.)b. (2.)c. (1.) 6-27: a.Management assertions ar implied representations by worry about the classes of transactions and related accounts in the pecuniary statements. There argon five broad categories of assertions. These assertions are the deal for every transaction calendar method and account. General transaction-related cut objectives are essenti exclusivelyy the same as management assertions leave out they are expanded somewhat to help the listener judge which size up shew is necessary to satisfy the management assertions. Accuracy, classification, timing, and bill and summarization are a subset of the valuation or apportionment assertion. particularized transaction-related audit objectives are sicd by the auditor for for from each one one general transaction-related audit objective. These are performed for each transaction cycle to help the auditor determine the proper(postnominal) amount of evidence needed to satisfy the general transaction-related audit objectives for that cycle. SPECIFIC TRANSACTION-RELATED analyze impersonal| b. MANAGEMENT ASSERTION| c. public TRANSACTION-RELATED AUDIT OBJECTIVE| a. | 3.| 8.| b.| 3.| 11.| c.| 1.| 6.| d.

| 3.| 9.| e.| 2.| 7.| f.| 3.| 10.| CHAPTER 7 7-14:The decrease of the current symmetry indicates a liquidity line for Harper Company. The auditor should determine that the 2.05 ratio is correct since management would be interested in hiding a rase ratio. The auditor should expand procedures to psychometric test all current assets for realistic overstatement and to test all current li abilities for proper understatement. 7-27:a! . (2.)b. (1.)c. (4.)d. (4.) 7-28:a. (3.)b. (3.)c. (4.)d. (4.) 7-29:a. 1. External 7.Internal13.Internal...If you want to get a full essay, site it on our website: OrderEssay.net

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