Tuesday, February 4, 2014

Audit

6-19a.(2)b.(2)c.(1) 6-20a.(1)b.(2)c.(1) 6-27a.Management assertions argon implied or expressed representations by way some the classes of movements and related accounts in the financial statements. SAS 106 identifies louver assertions about classes of minutes which be stated in the problem. These assertions are the same for any transaction cycle and account. General transaction-related scrutinize objectives are fundamentally the same as management assertions, scarce they are grow somewhat to help the canvassor ensconce which analyze evidence is needed to replete the management assertions. the true and posting and summarization are a subset of the accuracy assertion. unique(predicate) transaction-related audit objectives are depositd by the auditor for distributively global transaction-related audit objective. These are through with(p) for each transaction cycle to help the auditor determine the specific cadence of evidence needed for that cycle to satisfy the general transaction-related audit objectives. b. and c. The easiest way to do this problem is to initiative identify the general transaction-related audit objectives for each specific transaction-related audit objective. It is then swooning to determine the management assertion exploitation Table 6-3 (p. 156 in text) as a guide. 6-27(continued) | |b. |c. | | | |GENERAL TRANSACTION-RELATED canvas | | | |OBJECTIVE | | particular(prenominal) TRANSACTION-RELATED AUDIT OBJECTIVE |MANAGEMENT AS! SERTION | | |a. save silver disbursement transactions are for the |3. verity |8. Accuracy | | summation of...If you want to get a full essay, lodge it on our website: BestEssayCheap.com

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