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Ibrahim Hammoud Questions
1381 Questions
Give three examples of qualitative factors that might affect the auditor\'s choice of the percentage to apply to the benchmark used to establish overall materiality
Accounting
2022-06-28
Answers
30
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237
What kind of organization is the PCAOB, why was it formed, and what does it do?
Accounting
2022-06-28
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30
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40
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249
While net income before taxes is frequently used for calculating overall materiality, discuss circumstances when total assets or revenues might be better bases for calculating overall materiality
Accounting
2022-06-28
Answers
30
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200
Which of the following best places the events of the last decade in proper sequence?
Accounting
2022-06-28
Answers
30
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215
Briefly discuss the key events that led up to the Sarbanes-Oxley Act of 2002 and the creation of PCAOB
Accounting
2022-06-28
Answers
30
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40
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188
List and describe the three major steps in applying materiality to an audit
Accounting
2022-06-28
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30
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174
What are the three general types of audit tests? Define each type of audit test and give two examples
Accounting
2022-06-28
Answers
30
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175
What actions should the engagement team members be informed of by the engagement partner and other engagement team members as part of their supervisory role?
Accounting
2022-06-28
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30
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187
What role does the SEC play in the establishment of accounting and auditing standards for public companies?
Accounting
2022-06-28
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30
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40
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215
What are some of the sources of information that may be used to identify transactions with related parties?
Accounting
2022-06-28
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30
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245
Which of the following statements best describes management\'s and the external auditor\'s respective levels of responsibility for a public company\'s financial statements?
Accounting
2022-06-28
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30
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196
Distinguish between illegal acts that are \"direct and material\" and those that are \"material but indirect.\" List five circumstances that may indicate that an illegal act has occurred
Accounting
2022-06-28
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30
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228
Examples of Forensic audits
Accounting
2022-06-28
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40
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214
Total:
1381
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