a. What responsibility does the auditor have upon discovery of omitted procedures after the report date? b.

Question:

a. What responsibility does the auditor have upon discovery of omitted procedures after the report date?

b. Indicate the possible consequences of the auditor's investigation of omitted procedures.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Modern Auditing

ISBN: 9780471596875

6th Edition

Authors: William C. Boynton, Walter G. Kell

See More Books

Question Posted: May 12, 2024 04:01 AM

See More Questions

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
Weatherford International The oilfield services industry includes thousands of companies large and small that provide drilling, seismic testing, transportation, and a wide range of other services to...
Question (700 words) John Densmore, a law student and part-time musician, was seriously injured in a car accident. The other car's driver, Ray Manzarek, a renowned life motivation coach and a...
verify that u= c ext cosx is a dimensional heat cqn. for. a soln. of suitable value of c. one
Use separation of variables to obtain solutions to the DEs and JVPs in Problems. Solve for y when possible. a. y' = t2/y b. ty' = 1-y2
An optically active compound A (C 9 H 11 Br) reacts with sodium ethoxide in ethanol to give an optically inactive hydrocarbon B (NMR spectrum in Fig. P16.58). Compound B undergoes hydrogenation over...
Compare and contrast the Gestalt approach to form perception and the theory of direct perception.
The shareholders' equity of Raven Company is as shown: Common stock, $ 10 par .............. $250,000 Additional paid-in capital on common stock ....... 150,000 Retained earnings ...................
The master database contains a record of each wem that is stocked in the warehouse or regularly ordered from a vendor
Identify several types of cash accounts that should be included as cash balances on the balance sheet and several others that should not.
What information should the auditor include in a notification of parties other than the client about the postaudit discovery of facts when he or she has been (a) able (b) unable to make a...
The earth has an orbit with eccentricity 0.0167 around the sun. Knowing that the earths minimum distance from the sun is 146(10 6 ) km, find the speed at which the earth travels when it is at this...
How do I relate the below case study to RLR - Responsible Leadership for Relations? Relate and analyses in detail....
How do advanced integrative approaches, combining elements of cognitive-behavioral therapy, mindfulness, and somatic experiencing, offer comprehensive solutions for addressing the multifaceted nature...
What can you do to plan ahead and educate others about the international groups? Consider How do you communicate during the meeting with your colleagues?
What do you think should be the role of personality tests in candidate selection? Do you think they should play a major, minor or no part in an organization\'s hiring decision for a job? What are...
What channels do our target customers prefer for discovering, researching, and purchasing products? How do cultural or societal shifts affect consumer attitudes and behaviors towards our products or...
The term deferred revenues seems out of place in governmental fund accounting. It would seem that a government either has or does not have expendable financial resources as a result of a property...
What is the amount of total interest dollars earned on a $5,000 deposit earning 6% for 20 years?
Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus,...
14. Post the following November transactions to T-accounts for Accounts Payable and Inventory, indicating the ending balance (assume no beginning balances in these accounts). A. purchased merchandise...
Question 30 Not yet answered Marked out of 1.00 p Flag question Adjusting, correcting, and closing entries are normally recorded in the General Journal Cash Receipts Journal Cash Disbursement Journal...

a. What responsibility does the auditor have upon discovery of omitted procedures after the report date? b.

Question:

Step by Step Answer:

a Auditors Responsibility Upon Discovery of Omitted Procedures After Report Date If an auditor discovers that a necessary audit procedure was omitted ...View the full answer

Modern Auditing

Students also viewed these Business questions