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Accounting and Auditing: Crazy computers

FASB (Financial Accounting Standards Board) plays the role of determining Generally Accepted Accounting Principles to ensure proper accounting standards are followed. According to FASB, revenue is rec...

Published: 2021-08-30 09:50:09

Advanced Auditing Case 2.3

Advanced Auditing Case Assignment 2. 3 1. (a) When confirming year-end accounts receivable, auditors hope to accomplish the objective of obtaining evidence from third parties to evaluate the client’...

Published: 2021-09-22 08:40:10

Auditing Chaper 2&3

Chapter 2 2-7 The Public Company Accounting Oversight Board (PCAOB) is responsible for establishing auditing standards for audits of public companies. The ASB is responsible for establishing auditing ...

Published: 2021-09-16 16:10:09

Auditing Ethics

The natural setting, that we are predominantly in an imperfect world, brings about the question of ethics in many spheres of the human endeavor, including auditing. It is therefore a pre-liquisite fo...

Published: 2021-09-01 16:00:13

GAAS, GAGAS and PCAOB Auditing Standards

Audit standards are set codes of conduct for auditors when auditing financial statements or other financial issues of a company. There is also a relation to performance audit and certain attestation e...

Published: 2021-09-01 03:20:08

Ocean Manufacturing As An Audit Client

5(a) Prepare a memo to the partner making a recommendation as to whether Barnes and Fischer should or should not accept Ocean Manufacturing, Inc. as an audit client. Carefully justify your position in...

Published: 2021-09-15 03:30:08