100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
TEST BANK For Auditing & Assurance Services: A Systematic Approach, 12th Edition Chapters 1 - 21 Complete $21.99   Add to cart

Exam (elaborations)

TEST BANK For Auditing & Assurance Services: A Systematic Approach, 12th Edition Chapters 1 - 21 Complete

 0 view  0 purchase
  • Course
  • Auditing & Assurance Services
  • Institution
  • Auditing & Assurance Services

TEST BANK For Auditing & Assurance Services: A Systematic Approach, 12th Edition Chapters 1 - 21 Complete Chapter 1: An Introduction to Assurance and Financial Statement Auditing Chapter 2: The Financial Statement Auditing Environment Chapter 3: Audit Planning, Types of Audit Tests, and Mate...

[Show more]

Preview 4 out of 804  pages

  • November 18, 2024
  • 804
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
book image

Book Title:

Author(s):

  • Edition:
  • ISBN:
  • Edition:
  • Auditing & Assurance Services
  • Auditing & Assurance Services
avatar-seller
angelinas
TEST BANK For Auditing & Assurance Services: A
Systematic Approach, 12th Edition

Chapters 1 - 21 Complete

,
,Chapter 1: An Introduction to Assurance and Financial Statement Auditing

Chapter 2: The Financial Statement Auditing Environment

Chapter 3: Audit Planning, Types of Audit Tests, and Materiality

Chapter 4: Risk Assessment

Chapter 5: Evidence and Documentation

Chapter 6: Internal Control in a Financial Statement Audit

Chapter 7: Auditing Internal Control over Financial Reporting

Chapter 8: Audit Sampling: An Overview and Application to Tests of Controls

Chapter 9: Audit Sampling: An Application to Substantive Tests of Account Balances

Chapter 10: Auditing the Revenue Process

Chapter 11: Auditing the Purchasing Process

Chapter 12: Auditing the Human Resource Management Process

Chapter 13: Auditing the Inventory Management Process

Chapter 14: Auditing the Financing/Investing Process: Prepaid Expenses, Intangible Assets, and
Property, Plant, and Equipment

Chapter 15: Auditing the Financing/Investing Process: Long-Term Liabilities, Stockholders’ Equity,
and Income Statement Accounts

Chapter 16: Auditing the Financing/Investing Process: Cash and Investments

Chapter 17: Completing the Audit Engagement

Chapter 18: Reports on Audited Financial Statements

Chapter 19: Professional Conduct, Independence, and Quality Management

Chapter 20: Legal Liability

Chapter 21: Assurance, Attestation, and Internal Auditing Services

, Auditing q& qAssurance qServices: qA qSystematic qApproach, q12e q(Messier)
qChapter q1 q An qIntroduction qto qAssurance qand qFinancial qStatement
qAuditing


1) Auditing qfocuses qon qrules, qtechniques, qand qcomputations qrequired qto qprepare qand
qanalyze qfinancial qinformation.


ANSWER: q FALSE
qDifficulty: q1 qEasy
Topic: q The qImportance qfor qStudying qAuditing
Learning qObjective: q 01-01 qUnderstand qwhy qstudying qauditing qcan qbe qvaluable qto qyou
qwhether qor qnot qyou qplan qto qbecome qan qauditor, qand qwhy qit qis qdifferent qfrom qstudying
qaccounting.
Bloom's: q Remember
qAACSB: q Communication
AICPA: q BB qLegal; qFN qDecision qMaking

2) Decision qmakers qdemand qreliable qinformation qthat qis qprovided qby qaccountants.

ANSWER: q TRUE
qDifficulty: q1 qEasy
Topic: q The qDemand qfor qAuditing qand qAssurance
Learning qObjective: q 01-02 qUnderstand qthe qdemand qfor qauditing qand qbe qable qto qexplain
qthe qdesired qcharacteristics qof qauditors qand qaudit qservices qthrough qan qanalogy qto qa
qhouse qinspector qand qa qhouse qinspection qservice.
Bloom's: q Understand
qAACSB: q Communication
AICPA: q FN qDecision qMaking; qBB qIndustry

3) Information qasymmetry qseldom qoccurs.

ANSWER: q FALSE
qDifficulty: q2 qMedium
Topic: q The qDemand qfor qAuditing qand qAssurance
Learning qObjective: q 01-02 qUnderstand qthe qdemand qfor qauditing qand qbe qable qto qexplain
qthe qdesired qcharacteristics qof qauditors qand qaudit qservices qthrough qan qanalogy qto qa
qhouse qinspector qand qa qhouse qinspection qservice.
Bloom's: q Apply
AACSB: q Communication
AICPA: q BB qIndustry; qFN qReporting

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

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 angelinas. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $21.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75759 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$21.99
  • (0)
  Add to cart