CPA Journal and investors, Accounting 403 Auditing I assignment

Accounting
Tutor: None Selected Time limit: 1 Day

According to an article in the CPA Journal, the accounting profession has long contended that an audit conducted in accordance with generally accepted auditing standards (GAAS) provides reasonable assurance that there are no material misstatements contained within financial statements. Suggest at least two (2) alternative methods that auditors can use to provide a more concrete level of assurance to investors. Provide support for your responses with examples of such methods in use.

Jan 17th, 2016

Thank you for the opportunity to help you with your question!

a) previous reports method. example is thatthey may use previous reports to assure the ivestors that where they are investing is worth.

b) goverment policies methods.exampleis that they may use government policies that have been passed by the government. those policies may favor investors much through subsidies etc.


Please let me know if you need any clarification. I'm always happy to answer your questions.
Jan 17th, 2016

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Jan 17th, 2016
...
Jan 17th, 2016
May 28th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer