100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
Test Bank for Modern Auditing and Assurance Services, 6th Edition, Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson.pdf£19.64
Add to cart
Test Bank for Modern Auditing and Assurance Services, 6th Edition, Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson.pdf
7 views 0 purchase
Module
Nursing Pharmocology
Institution
Nursing Pharmocology
Book
Modern Auditing & Assurance Services
Test Bank for Modern Auditing and Assurance Services, 6th Edition, Philomena Leung, Paul Coram, Barry J. Cooper, Peter R
Test Bank for Modern Auditing and Assurance Services, 6th Edition, Philomena Leung, Paul Coram, Barry J. Cooper, Peter R
Test Bank for Modern Auditing and Assurance Services,...
Test Bank for Modern Auditing and Assurance Services, 6th Edition, Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson.pdf
Test Bank for Modern Auditing and Assurance Services, 6th Edition, Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson.pdf
Test Bank for Modern Auditing and Assurance Services, 6th Edition, Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson.pdf
All for this textbook (27)
Written for
Nursing Pharmocology
Nursing Pharmocology
Seller
Follow
nursexams1
Reviews received
Content preview
Test Bank for Modern
Auditing and
Assurance Services, 6th
Edition, Philomena
Leung, Paul Coram,
Barry J. Cooper, Peter
Richardson
,TEST BANK FOR
MODERN AUDITING
AND ASSURANCE
SERVICES, 6TH
EDITION, PHILOMENA
LEUNG, PAUL CORAM,
BARRY J. COOPER,
PETER RICHARDSON
, Table of Contents
Part 1 THE AUDITING AND ASSURANCE ENVIRONMENT 2
1 An overview of auditing 4
2 Governance and the auditor 44
3 Professional ethics, independence and audit quality 94
4 Other assurance engagements and quality standards 162
5 The auditor’s legal liability 202
Part 2 AUDIT PLANNING 246
6 Overview of the audit of financial reports 248
7 The auditor’s report 280
8 Client evaluation and planning the audit 314
9 Audit risk assessment 366
10 Materiality and audit evidence 414
Part 3 AUDIT TESTING METHODOLOGY 452
11 Tests of controls 454
12 Designing substantive procedures 488
13 Audit sampling 526
Part 4 AUDITING TRANSACTIONS AND BALANCES 566
14 Auditing sales and receivables 568
15 Auditing purchases, payables and payroll 618
16 Auditing inventories and property, plant and equipment 664
17 Auditing cash and investments 708
Part 5 COMPLETING THE AUDIT 756
18 Completing the audit 758
, Chapter 1: An overview of auditing
Multiple-choice questions
1. The three major professional accounting bodies in Australia are:
a. ICAA, CPA and ASIC.
b. CPA Australia, IPA and AARF.
c. ATO, AUASB and ASIC.
d. ICAA, CPA Australia and IPA.
The correct option is d.
Learning objective 1.1 ~ explain what an audit is, what it provides, and why it is
demanded.
2. Which of these is not an objective of the ASIC?
a. To maintain, facilitate and improve the performance of companies.
b. To establish new institutional arrangements for standard setting.
c. To receive, process and store information given to the Commission
under the laws.
d. All of the above are objectives of the ASIC.
The correct option is b.
Learning objective 1.1 ~ explain what an audit is, what it provides, and why it is
demanded.
3. Which of the following is true regarding auditors and fraud?
a. Auditors are required to detect all fraud during an audit.
b. Auditors should actively investigate the possibility of fraud if suspicious
circumstances exist.
c. In the Kingston Cotton Mill case it was said that the audit role was not
primarily to detect fraud.
d. b. and c. are true.
The correct option is d.
Learning objective 1.1 ~ explain what an audit is, what it provides, and why it is
demanded.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller nursexams1. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £19.64. You're not tied to anything after your purchase.
