Acct 3222 final exam w - Study guides, Class notes & Summaries

what are the diff types of cash - Answer cash in bank, imprest cash, cash equiv __ accts are bank accounts that will have specific ball bal (like 0 or 10k) - Answer imprest bank acct commercial paper, treasury bills, money mkt funds are examples of what - Answer cash equiv ___ ____ are Highly liquid investments having maturity of 3 months or less - Answer cash equivs

Before an auditor can accept an audit engagement, he or she is required to attempt communication with - Answer the previous auditor Client Continuance - Answer periodic evaluation of whether to continue auditing the client - disagreements - management integrity - changes in engagement risk - conflicts over accounting & auditing issues

Assurance Services - Answer Indepent professional services that improve the quality of information, or its context, for decision makers. Encompasses attest services and financial statement audits Attest Services - Answer Services provided by a practitioner engaged to issue a report on subject matter, or an assertion about subject matter, that is the responsibility of another party. Encompasses financial statement audits. Audit Evidence - Answer All the information used by the auditor in ar...

LSU ACCT 3222 - Chapter 15 Final Exam Questions with 100% Correct Answers 2024 Components of unmodified opinion for PUBLIC co: (9) - answer1. Title ("registered" "independent") 2. Addressed to BOD and shareholders 3. Opinion paragraph (statements audited and opinion) 4. Audit of IC - effectiveness of ICFR 5. Basis for opinion - responsibilities and adherence to SEC requirements (GAAP) 6. Scope paragraph - process of audit 7. Signature (firm name and location) 8. Date - end of FW 9...

LSU ACCT 3222 - Chapter 15 Final Exam Questions with 100% Correct Answers 2024 Components of unmodified opinion for PUBLIC co: (9) - answer1. Title ("registered" "independent") 2. Addressed to BOD and shareholders 3. Opinion paragraph (statements audited and opinion) 4. Audit of IC - effectiveness of ICFR 5. Basis for opinion - responsibilities and adherence to SEC requirements (GAAP) 6. Scope paragraph - process of audit 7. Signature (firm name and location) 8. Date - end of FW 9...

LSU ACCT 3222 - Chapter 15 Final Exam Questions with 100% Correct Answers 2024 Components of unmodified opinion for PUBLIC co: (9) - answer1. Title ("registered" "independent") 2. Addressed to BOD and shareholders 3. Opinion paragraph (statements audited and opinion) 4. Audit of IC - effectiveness of ICFR 5. Basis for opinion - responsibilities and adherence to SEC requirements (GAAP) 6. Scope paragraph - process of audit 7. Signature (firm name and location) 8. Date - end of FW 9...