Standards Introduction Self-regulated: the standards governing audits were established by members of the profession themselves Sarbanes-Oxley Acct of 2002 Created: Public Company Accounting Oversight Board (PCAOB) to provide external and independent oversight over the audits of public entities Responsible for registering public accounting firms‚ establishing standards for audit engagements‚ and inspecting the quality of audits conducted by public accounting firms ****Generally Accepted Auditing
Premium Auditing Internal control Audit
the circumstances and opinion expressed by an auditor‚ where he is unable to obtain sufficient audit evidence. 2. Auditors of M/s Santa Banta (P) Ltd. were changed for the accounting year 2010-11. However there was no change in the position of closing stock which remained at ` 400 lacs . The auditors of the company propose to exclude the audit of closing stock of ` 400 lacs from their audit programme on the understanding that it pertains to the preceding year which was audited by another
Premium Auditing Financial audit Internal control
1 Chapter 7: Audit Evidence I. Definition: Evidence – information used by the auditor to draw conclusions on the fair presentation of the financial statements. Audit objectives suggest the types of evidence to accumulate. II. Decisions on evidence accumulation A. Which audit procedures to use. General Objectives: Six TRAOs Eight BRAOs Four PDAOs Accounting Cycles: Five Management Assertions Specific Objectives: At least: Six TRAOs Eight BRAOs Four PDAOs Audit Procedures: At least one
Premium Invoice Audit Auditing
QUESTIONNAIRE on FOOTWEAR: 1. What Price do you prefer for buying foot wear? a) >3000 b) 2000-1000 c) 1000-500 d) <500 2. Which type of footwear you prefer to buy? a) Branded b) Unbranded 3. Who generally buys shoes for you? a) Yourself b) Family c) Others 4. Where do you buy shoes from? a) Liberty b) Khadims c) Reliance Trends d) Others 5. How often do you buy a new pair of shoes? a) Once in 3 months b) Once in every 6 months
Premium Shoe Footwear Advertising
CHAPTER 20 Audit of Cash Balances Copyright 2003 Pearson Education Canada Inc. 20 - 1 What are the auditor’s primary concerns with regard to cash? Copyright 2003 Pearson Education Canada Inc. 20 - 2 What are the auditor’s primary concerns with regard to cash? - existence Copyright 2003 Pearson Education Canada Inc. 20 - 3 What are the auditor’s primary concerns with regard to cash? - existence - completeness Copyright 2003 Pearson Education Canada Inc
Premium Cheque Deposit account Credit card
Care Products in Rural Areas Questionnaire Consumers: 1) Name: 2) Occupation: 3) Age: 4) Gender: 5) Marital Status: a) Single b) Married | Personal care | | Question | Skin Care | Hair Care | Oral Care | 7) | Frequency of purchase | | | | 8) | Feature Preference | | | | 9) | Brand conscious | | | | 10) | General opinion of branded personal care products | | | | 11) | Satisfaction level on the availability of various brands | | | | 12) | Price opinion
Premium Hair care Hygiene Hair
AUDITING THEORY 1. Which of the following activities is an analytical procedure an auditor would perform in the final overall review stage of an audit to ensure that the financial statements are free from material misstatement? A. Reading the minutes of the board of directors’ meetings for the year under audit. B. Obtaining a letter concerning potential liabilities from the client’s attorney. C. Comparing the current year’s financial statements with those of the prior year. D. Ensuring that
Premium Internal control Auditing Audit
MASS COMMUNICATION RESEARCH SURVEY QUESTIONNAIRE I am a student of UCSI University pursuing B.A. Hons in Mass Communication. I am currently doing a survey regarding “the influence of Advertisement on teenagers buying behavior”. Please spend your precious time by filling up this questionnaire. Your feedback will be kept confidential. Your answers are valuable to my research. Thank you for your kind cooperation. (** Please tick only ONE answer for each question.) SECTION A: Background Information
Premium Full-time Media studies Advertising
Page number Executive summary 4 Introduction 5 Audit in brief: 6 History of auditing profession in Bangladesh 6-10 Ending summary 10-11 conclusion 11 Executive summary: The development of auditing profession in an emerging economy Bangladesh is analyzed here. This report aims to discuss the historical background and evolution of auditing. It is found that auditing has evolved through a number of stages. In the mid 1800s to early 1900s‚ the audit practice was considered as traditional conformance
Premium Audit Accountant Financial audit
Questionnaire 1. Do you stock Berger paints? a) Yes b) No 2. If no would you like to deal with Berger paints over Asian paints? a) Yes b) May be c) No 3. If yes what would you expect from the company? a) In timely delivery b) Profit margin c) Promotions 4. Which category of paints is sold mostly? a) Decorative b) Industrial 5. Which brand is mostly preferred on decorative segment? a) Asian paint b) Berger c) Nerolac
Premium Profit Paint Distribution