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Please see below questions. Questions are very basic and easy to answer. These questions should be answered in your own words, plagiarism should not be
Please see below questions. Questions are very basic and easy to answer. These questions should be answered in your own words,plagiarism should not be detected. Before submitting I will be checking for plagiarism, answer will not be accepted if detected.3. Define Independence and Objectivity as they relate to auditing.
- In your own words, define Auditing.
- Discuss the importance of Evidence in auditing.
- Define Independence and Objectivity as they relate to auditing.
- Distinguish between Assurance and Attestation Services.
- Describe the following types of Audits:
- Operational Audits
- Compliance Audits
- Financial Statement Audits
- Informational Technology Audits (may need to go outside the text to address this)
- Identify the roles CPA firms play in society.
- Briefly explain Sarbanes-Oxley (SOX) and the role the Securities and Exchange Commission (SEC) plays in regulating audits.
- What are SAS, and for what are they used?
- True or False CPA firms are required to engage in quality control efforts of its audits? Why or Why not?
- What is a Peer Review and how and when are they performed?
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