Ch 17

ages Jumnma2 lu seeking to comply with the Sarbanes-Oxley Act of 2002. the tools available 6. Audit types. What type of audit is indicated in each of the following situations? a. Checking internal controls over the sales/collection process. b. Determining how an employee embezzled cash. c. Establishing whether an audit conformed to all provisions of Sarbanes-Oxley d. Evaluating the accounting policy choices management made for conformity with GAAP e. Expressing an opinion on the fairness of a company's financial statements. f. Inputting sample transactions and verifying the output from Peachtree. g. Observing internal controls over inventory to improve process effectiveness h. Performing a comprehensive analysis of an Italian firm's accounting information system. i. Using test data to determine how QuickBooks proesses transactions. j. Validating the assumptions made for a major capital investment. udit Clarity Project. Fill in the blanks below based on the ideas in the Audit Clarity Project. . A cp aach standard concludes with-_. Cangh naragraph