Revised Question: Write 150-200 words per question answering the following. 1) Briefly explain Revised question: Write 100-200 words per question answering the following.. 2) What is 1 advantage and 1 disadvantage of the matching principle?
If you are a member of the AICPA, do you have a duty to report this act to appropriate AICPA officials?
Assignment Answer the following questions using your own words… According to police reports, a Gainesville, Florida, CPA was arrested for engaging in sexual assault. This story generated substantial publicity , especially in northern Florida . Despite the heinous nature of these crimes, there is no evidence whatsoever that the tax accounting services performed by him […]
At what two levels does the auditor assess the risk of material misstatement?
RISK ASSESSMENT PROCEDURES At what two levels does the auditor assess the risk of material misstatement? Describe the types of procedures that constitute risk assessment procedures.
Describe what is meant by the cycle approach to auditing. What are the advantages of dividing the audit into different cycles?
Assignment Describe what is meant by the cycle approach to auditing. What are the advantages of dividing the audit into different cycles? Define what is meant by a management assertion about financial statements. Describe how PCAOB assertions and assertions in international and AICPA auditing standards are similar and different.
Explain the objective of conducting an audit of financial statements and an audit of internal controls.
AUDIT RESPONSIBILITIES AND OBJECTIVES Explain the objective of conducting an audit of financial statements and an audit of internal controls. Distinguish management’s responsibility for the financial statements from the auditor’s responsibility for verifying those statements. Explain the auditor’s responsibility for discovering material misstatements due to fraud or error. Describe the need to maintain professional skepticism […]
Compare and contrast traditional auditors’ legal responsibilities to clients and third-party users under common law. How has that law changed in recent years?
CIVIL LIABILITY UNDER THE FEDERAL SECURITIES LAWS What are the four major sources of auditors’ legal liability? Compare and contrast traditional auditors’ legal responsibilities to clients and third-party users under common law. How has that law changed in recent years? What are the auditor’s possible defenses against lawsuits filed under the Securities Exchange Act of […]
Identify the circumstances under which a CPA can disclose confidential information without client permission.
ASSIGNMENT Identify the circumstances under which a CPA can disclose confidential information without client permission. Explain the rule on contingent fees. Why is this rule necessary?
Based on the model, what is the predicted admission probability for an applicant with GRE 720, GPA=3.85, who graduated from a Tier2 undergrad institution?
Assignment Boating trips.csv contains a dataset describing the number of boating trips of leisure boat owners. It contains the following variables: Trips: number of boating trips in the survey year Quality: respondent’s rating of the facility’s quality Ski: whether the respondent engages in water-ski activities Income: household income in $1000. Userfee: has the respondent paid […]
Give a sample of the structures for any selected Saudi insurance company’ financial statements and explain the rational for classifying balance sheet accounts.
Assignment Question(s): Q1. Structures of insurance companies’ financial statements (income statement, balance sheet, cash flow statements) vary than structures the non- insurance organization due to the unique features of the insurance companies. Give a sample of the structures for any selected Saudi insurance company’ financial statements and explain the rational for classifying balance […]
How does the requirement for businesses to set aside a percentage of their income for corporate taxes impact their growth and overall financial performance?
Essay Assignment How does the requirement for businesses to set aside a percentage of their income for corporate taxes impact their growth and overall financial performance?