How does the auditor evaluate the objectivity and competence of others who perform work for management?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (17 reviews)
The following factors can be used to judge the objectivity of the internal audit function Whether the organizational status of the IAF including the f...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
Question Posted:
Students also viewed these Auditing questions
-
How does the auditor evaluate the results from an internal control test? What conclusions could the auditor reach after conducting the test?
-
How does the auditor determine whether marketable securities are properly classified as short-term securities or long-term investments? What are the accounting implications of the classification as...
-
How does the auditor evaluate the sufficiency and appropriateness of the evidence gathered?
-
Drag and drop the protocols from the bank to their respective layer on the OSI and TCP/IP Model. Not every layer will have protocols associated with it. Protocols TCP/IP Model OSI Model Application...
-
Define nominal exchange rate and real exchange rate. How are changes in the real exchange rate and the nominal exchange rate related?
-
Find the indicated values. A formula used in determining the total transmitted power P t in an AM radio signal is P t = P c (1 + 0.500m 2 ). Find P c if P t = 680W and m = 0.925
-
List five reasons to organize a new product development project as a transdisciplinary, matrix-organized project. LO6
-
Reliant Umbrellas has been approached by Plumpton Variety Stores of Nevada. Plumpton has expressed interest in an initial purchase of 5,000 umbrellas at $10 each on Reliant?s standard terms of 2/30,...
-
How do you solve this using excel? Exercise 2.9: Eneros Inc. is buying a new machine for $450,000. The life of the machine is 10 years, and a bank is ready to finance the entire amount at a rate of...
-
After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2021, unadjusted trial balance of Business Solutions (reflecting its...
-
List the steps in the auditors process for an audit of ICFR.
-
Describe the steps in obtaining an understanding of ICFR using a top- down, risk- based approach.
-
How would you advise a small business owner on the best way of tax management?
-
Pop Company holds 70% of Son Company stock. Pop has sold inventory to Son Company as follows: Percent of Sold Sales Inventory Cost to Price to Held at Year Pop Son Year end 2018 $203,000 $355,000 30%...
-
A B C D E F G H J K L 1 Cost Mortgage Payments 2 Cost Description The upscale hotel's building was acquired for $10 million, leading to monthly mortgage payments of $60,000. Behavior Dollar Amount...
-
What celebrity attributes make for effective celebrity product endorsements? Celebrity testimonials are advertising messages delivered by famous people who say or imply that they use the...
-
Initial investment of $100,000 in a new medical equipment. Interest Rate 10% (Borrowed money from a bank). Item Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Investment 100,000 Expected Cash Flow 20,000...
-
How do I draw a top view of this sketch and I was also wondering how to draw an oblique cabinet projection. + + 1 1 ' '
-
Why do you think it has been so difficult for accounting regulators to deal with accounting for foreign exchange over the last twenty-five years?
-
Fill in each blank so that the resulting statement is true. 83 + 103 = ______ .
-
What do you understand by the term credit scoring systems? How do banks use them?
-
John Wells, CPA, is planning the audit of CVG Services, Inc. As a result of his risk assessment procedures, Wells has identified several fraud risks. a. Explain in detail how Wells might respond to...
-
Listed below are several of the auditors general objectives in performing substantive procedures on an asset account: 1. Establish the existence of assets. 2. Establish that the company has rights to...
-
In designing further audit procedures, the auditors should assess the risks of material misstatement of the financial statements. a. Describe the auditors general approach to such risk assessment. b....
-
Which of the following concerning short-term financing methods is NOT CORRECT? Short-term bank loans typically do not require assets as collateral. Firms generally have little control over the level...
-
Kingbird Corporation is preparing its December 31, 2017, balance sheet. The following items may be reported as either a current or long-term liability. 1. On December 15, 2017, Kingbird declared a...
-
BE13.2 (LO 1), AP An inexperienced accountant for Silva Corporation showed the following in the income statement: net income \$337,500 and unrealized gain on availablefor-sale securities (before...
Study smarter with the SolutionInn App