Stichworte Auditing assertions

Stichworte: Auditing assertions

The use of data analytics in auditing requires large, error-free populations.

The use of data analytics in auditing requires large, error-free populations.

How internal auditing helps the organization achieve its goals and objective?

How internal auditing helps the organization achieve its goals and objective?

When auditing for existence assertion for an asset, auditors proceed from the

When auditing for existence assertion for an asset, auditors proceed from the

What type of access control list defines the settings for auditing access to an object?

What type of access control list defines the settings for auditing access to an object?

What is the main purpose of the standards for professional practice of internal auditing?

What is the main purpose of the standards for professional practice of internal auditing?

Which of the following statements that relates to subsequent events is inappropriately described?

Which of the following statements that relates to subsequent events is inappropriately described?

Which of the following actions is an analytical procedure that an auditor most likely would use while auditing a companys notes payable?

Which of the following actions is an analytical procedure that an auditor most likely would use while auditing a companys notes payable?

Which of the following is most important for an IT auditor to understand when auditing an e

Which of the following is most important for an IT auditor to understand when auditing an e

Which of the following auditing techniques is most appropriate for a retail business with a large volume of transactions to address emerging risk proactively?

Which of the following auditing techniques is most appropriate for a retail business with a large volume of transactions to address emerging risk proactively?

Which of the following choices IS most important for an IS auditor to understand when auditing an e

Which of the following choices IS most important for an IS auditor to understand when auditing an e

Which of the following formula auditing features would you use if you wanted to see where a specific cell location was referenced in formulas entered into a worksheet?

Which of the following formula auditing features would you use if you wanted to see where a specific cell location was referenced in formulas entered into a worksheet?

Which of the following formula auditing tools displays arrows to all cells that use the active cell directly or indirectly in a formula?

Which of the following formula auditing tools displays arrows to all cells that use the active cell directly or indirectly in a formula?

Is defined as a collection of assertions that specify how and why variables are related as well as the conditions in which they should and should not be related?

Is defined as a collection of assertions that specify how and why variables are related as well as the conditions in which they should and should not be related?

Which of the following is an element of a CPA firm quality control policies and procedures

Which of the following is an element of a CPA firm quality control policies and procedures

What are the responsibilities of the independent auditor in the audit of financial statements?

What are the responsibilities of the independent auditor in the audit of financial statements?

Which of the following is the correct order for performing the auditing procedures A through C below

Which of the following is the correct order for performing the auditing procedures A through C below

Who is responsible for the preparation and fair presentation of the separate financial statements which part of the financial report can this be found?

Who is responsible for the preparation and fair presentation of the separate financial statements which part of the financial report can this be found?

When performing financial statement audits the auditors perform tests of compliance with laws and regulations to determine that?

When performing financial statement audits the auditors perform tests of compliance with laws and regulations to determine that?

Which of the following are considered the three components of internal auditing value?

Which of the following are considered the three components of internal auditing value?

Which of the following is not a key component of the definition of internal auditing

Which of the following is not a key component of the definition of internal auditing

What is the difference between financial statement auditing and financial accounting?

What is the difference between financial statement auditing and financial accounting?

Which organization sets standards for and regulates firms who do not audit public companies?

Which organization sets standards for and regulates firms who do not audit public companies?

When an auditor has substantial doubt about an entitys ability to continue as a going concern?

When an auditor has substantial doubt about an entitys ability to continue as a going concern?

Which assertion is defined as transactions and events that have been recorded or disclosed have occurred and such transactions and events pertain to the entity?

Which assertion is defined as transactions and events that have been recorded or disclosed have occurred and such transactions and events pertain to the entity?

What is it called when the auditors develop supporting evidence for amounts posted to account balances with documentary evidence that process?

What is it called when the auditors develop supporting evidence for amounts posted to account balances with documentary evidence that process?

What is the auditors responsibility when noncompliance with laws or regulations are identified?

What is the auditors responsibility when noncompliance with laws or regulations are identified?

Which risk will increase when an auditor performs substantive analytical procedures for financial statement accounts at an interim date as opposed to year

Which risk will increase when an auditor performs substantive analytical procedures for financial statement accounts at an interim date as opposed to year

Tracing is used primarily to test which of the following assertions about classes of transactions?

Tracing is used primarily to test which of the following assertions about classes of transactions?

Which of the following matters is an auditor required to communicate to an entitys audit committee?

Which of the following matters is an auditor required to communicate to an entitys audit committee?

When obtaining an understanding of controls that relevant to the audit the auditor is required to?

When obtaining an understanding of controls that relevant to the audit the auditor is required to?

Which section of the auditors report gives a general description of an audit of financial statements?

Which section of the auditors report gives a general description of an audit of financial statements?

Which of the following is required documentation in an audit in accordance with auditing standards?

Which of the following is required documentation in an audit in accordance with auditing standards?

What is recognized by the concept of reasonable assurance in the context of an entitys internal control?

What is recognized by the concept of reasonable assurance in the context of an entitys internal control?

What is the difference between auditor responsibilities and management responsibilities in an audit?

What is the difference between auditor responsibilities and management responsibilities in an audit?

What is an auditors responsibility when engaged to report on supplementary information accompanying the basic financial statements?

What is an auditors responsibility when engaged to report on supplementary information accompanying the basic financial statements?

When performing a financial statement audit auditors are required to explicitly assess the risk of material misstatement due to?

When performing a financial statement audit auditors are required to explicitly assess the risk of material misstatement due to?

What factors and measures should be considered in assessing the materiality of a misstatement in the presentation of a financial statement?

What factors and measures should be considered in assessing the materiality of a misstatement in the presentation of a financial statement?