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AUDITING & ASSURANCE SERVICES | A Systematic Approach
by
William F.Messier, Steven M.Glover, Douglas F. Prawitt
Edition:
10th Edition
ISBN13:
978-0-07-773250-9
ISBN10:
495
Management
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AUDITING & ASSURANCE SERVICES | A Systematic Approach
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Chapter: 5 /
Q: 5.1
Explain why the auditor divides the financial statements into components or segments to test managements assertion
Chapter: 5 /
Q: 5.2
How do management\'s assertions relate to the financial statements?
Chapter: 5 /
Q: 5.3
List and define the assertions about of transactions and events for the period under audit
Chapter: 5 /
Q: 5.4
List and define the assertions about account balances at the period end
Chapter: 5 /
Q: 5.5
Define audit evidence. provide an example of audit evidence from accounting records and other information
Chapter: 5 /
Q: 5.6
Explain why in most instances audit evidence is persuasive rather than convincing
Chapter: 5 /
Q: 5.6
Explain why in most instances audit evidence is persuasive rather than convincing
Chapter: 5 /
Q: 5.7
List and define the audit procedures for obtaining audit evidence
Chapter: 5 /
Q: 5.8
In a situation that uses inspection of records and documents as a type of evidence, distinguishing between vouching and tracing in terms of the direction of testing and the assertions being tested
Chapter: 5 /
Q: 5.9
Why is it necessary to obtain corroborating evidence for inquiry and for observation
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