ACC 491 week 3 Team Assignments From the Text

May 1st, 2015
Studypool Tutor
Price: $5 USD

Tutor description

ACC 491 week 3 Team Assignments From the Text

Word Count: 971
Showing Page: 1/4
Assessing Materiality and Risk SimulationAcc 4916-26 (Audit programs and assertions) Assume that you are responsible for developing an audit program for a manufacturing client that sells to over 1,400 customers. You want to ensure your audit program addresses all relevant assertions for sales and accounts receivable. Address the following question in the context of the audit sales and receivables for this manufacturing client.As per Generally accepted auditing standards (AU 311.05) state that in planning theaudit, the auditor should consider the nature, extent, and timing of work to beperformed and should prepare a written audit program for every audit the purpose of taking such steps will assist on planning and documenting an action plan to ensuretaking needed steps to obtain reasonable assurance that the financial statements are presented fairly in all material respects The important factor about identifying auditing assertion such as existence or occurrence, completeness, rights and obligations, valuation or allocation, presentation and disclosure specific audit objectives as specific audit objectives will help identify relevant informat

Review from student

Studypool Student
" Thanks, good work "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1825 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors