Lsu acct 3222 - Study guides, Class notes & Summaries

unmodified report correct answer: the name of a clean report for private companies unqualified report correct answer: the name of a clean report for public companies clean report correct answer: means that in the auditors' opinion if the company follows GAAP end of field work correct answer: the date at the bottom of the audit report, stating 45 days after year end, when auditors stop gathering evidence, no hard deadline from the government management's responsibilities correct...

LSU Acct 3222 Wiley Test 1 Questions With 100% Correct Answers | Verified | Updated 2024

LSU ACCT 3222 Wiley TEST 1 QUESTIONS & ANSWERS GRADED A+

LSU ACCT 3222 Laura Wiley - Chapter 1 Exam 1 Questions With 100% Correct Answers 2024

LSU ACCT 3222 Laura Wiley - Chapter 1 Exam 1 Questions With 100% Correct Answers 2024

LSU ACCT 3222 Chp 12 & 13 - Final Exam Questions and Answers with Complete Solutions 100% Correct | 2024

ASB - Answer -audit standards for private and non-profit organizations -made up of members from the AICPA that are full time auditors and volunteering to be part of the this and members rotate -make detailed guidance for other standards FASB - Answer -establishes financial accounting and reporting standards for public companies -deals with GAAP

LSU ACCT 3222 Chpt 12 & 13 - Final Exam with complete solutions. What assertion is most important in auditing payables and liabilities? ️ completeness What assertion is tested when performing initial procedures for A/P balances? ️ valuation 4 initial procedures for A/P ️ 1. agree BB to PY 2. obtain A/P TB 3. scan for unusual transactions 4. agree sub ledger to GL In auditing which accounts are substantive procedures optional? ️ payables/ liabilities CASH (not meaningful bc of...