Week3_HW_ExternalAuditing

Week3_HW_ExternalAuditing - Problems P 6 19 a b c P 6 20 a...

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Problems: P. 6 - 19 a) b) c) P. 6 - 20 a) b) c) P. 6 - 27 a) b) c)
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P. 7 - 14 P. 7 - 27 a) b) c) d) P. 7 - 28 a) b) c) d) P. 7 - 29 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
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P. 8 - 25 a) b) c) d) P. 8 - 28
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The best respond will be: Answer 2 from the book Answer 2 from the book Answer 1 from the book The best respond will be: Answer 1 from the book Answer 2 from the book Answer 1 from the book The relationships will be as follows: Chapter 6, pp. 166-170: Problems 6-19, 6-20, 6-27 Chapter 7, pp. 198-200: Problems 7-14, 7-27, 7-28, 7-29 Chapter 8, pp. 236-237: Problems 8-25, 8-28 Per the definition, management assertions are expressed or implied my management representations of transactions, their types and classes and how they are presented on the financial statements. They are consistent for every cycle and for all accounts. AU326 gives a definition of 5 general assertions. Regarding the General transaction related objectives, they are similar to the assertions but provided to help auditors to make a decision which evidence would be required to satisfy a management assertion. Specific transaction related audit objectives are required for each general transaction related objective and determined by auditor. They differ each period and provide a
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Week3_HW_ExternalAuditing - Problems P 6 19 a b c P 6 20 a...

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