What is a high risk audit client? What are the characteristics of clients that are considered high
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
A high risk audit client is one in which the auditor believes that a Association with th...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 a business risk appraoch
ISBN: 978-0324375589
6th Edition
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
Question Posted:
Students also viewed these Auditing questions
-
What do you think are the characteristics of product quality for Walkers products which influence overall customer satisfaction? (Sample a packet and discuss this with friends!)
-
Why is a high risk premium an advantage for the investor? Why is a low risk premium an advantage for an investor?
-
Audit risk should be considered when planning and performing an audit of financial statements in accordance with generally accepted auditing standards. a. Define audit risk. b. Describe its...
-
rn Explain in some detail how the Precision Tree calculations in Figure 6.11 for the Acme problem are exactly the same as those for the hand-drawn decision tree in Figure 6.6. In other words, explain...
-
What are the advantages and disadvantages of a four-jaw independent chuck versus a three-jaw chuck?
-
Q1. Why do you think that the working capital for a showroom selling BMW cars and a Seven 11store will need different amounts of working capital?. Q2. Given the information below for "His &Hers"...
-
Identify at least three grounds for an involuntary dismissal of an action.
-
At the end of 2012, Hatch Industries had the following balance sheet: Hatch Industries would like to compute its EVA® for the year. Help the accountant at Hatch Industries prepare for that...
-
Jackson County Senior Services is a nonprofit organization providing three services to seniors who live in their own homes-home nursing, Meals on Wheels, and housekeeping. Revenue and expense data...
-
Consider the following scenario in the hypothetical country of Zootopia: The government budget deficit is $80 billion, total domestic savings are $1.2 trillion, and total domestic investment in...
-
What are the primary factors an auditor will want to investigate before accepting a new audit client?
-
Why do related party transactions represent special risks to the auditor and the conduct of an audit?
-
1. An important issue in conducting business overseas is whether a company should follow their home countrys ethical standards or those of the host country. The ancient world adage When in Rome, do...
-
In 1994, Father was arrested for sexually assaulting Amy, who was eleven years old at the time. He was ultimately convicted of aggravated indecent assault and has been incarcerated for that crime...
-
In your experience, has secularization had an impact on your religious beliefs and practices?
-
In a survey of 650 teachers, 16% reported that there have been instances of bullying in their class. Determine whether the number describes a population parameter or a sample statistic. Explain your...
-
As an anthropologist, you find out about the existence of a group of humans in the Amazon rainforest that have never been contacted. How would you use the four subfields of anthropology to...
-
You are talking with a friend who asks, Why would anyone want to study anthropology? What practical benefits can be gained from taking a course in anthropology? How would you answer your friend?
-
Forty-two coins have a total value of \(\$ 6.90\). If the coins are all nickels and quarters, how many are nickels?
-
Write the given system without the use of matrices. D) - ()- d (x sin t + 8 (2+ 1)
-
Imagine that you have a job at a corporation where most employees work in cubicles while managers work in centrally located offices. Because most of the corporation's work is accomplished through...
-
Describe the differences in the planned audit approaches for Clients A and B and the reasons for such differences. Discuss in detail.
-
The following questions might be addressed when an auditor is completing an internal control question. For each question (labeled as 1. through 8. below): a. Indicate the purpose of the control. b....
-
Based on the following description, determine appropriate tests of controls for the company's controls over tangible long-lived assets. A corporation operates a highly automated flexible...
-
Majesty Company uses target costing to ensure that its products are profitable. Assume Majesty is planning to introduce a new product with the following estimates: Annual demand Estimated market...
-
Summarise the main features of households with financial and mortgage debt by age given in Tables 1a and 1b below and comment on differences between and within age groups over time. Table1a...
-
The side of a festival food tent is staked with two guidelines as shown. If the force in the rope going from A to B is 450 lbs and the force in the rope going from A to C is 300 lbs, what is the...
Study smarter with the SolutionInn App