Week Four Questions

why you think each state is responsible for issuing CPA licenses.

21-36 AT-C Section 315. "Compliance Attestation." allows a practitioner to perform agreed-upon procedures to assist users in evaluating management's written asser- tions about (1) the entity's compliance with specified requirements. (2) the effective- ness of the entity's internal control over compliance, or (3) both. Required: a. Read AT-C Section 315 and then discuss how a practitioner would conduct an agreed-upon procedures engagement to evaluate an entity's written assertion that it was in compliance

Discuss 2 similarities and differences of internal controls reporting requirements between public and private organizations. Give 2 examples of the challenges you have experienced in internal controls reporting in your previous organization. How have you been able to address them?

The Administrative Procedure Act requires Federal Agencies to follow certain procedures to make their rules enforceable.  true or false?

3. Which refers to a code of conduct which the government prescribes for the society? A. Code of conduct B. Policies and rules C. Law D. Ethical code

What statutes does the Commerce Commission have oversight of?

Discuss the issues encountered in Worldcom scandal how the Sarbanes Oxley Act addressed those issues.

According to the warrantless searches authorized by the Federal Mine Safety and Health Act are legal because exception to the search warrant requirement, courts have ruled that the federal regulatory presence is comprehensive and well defined. Click the answer you think is right. prevailing-authority preeminent-domain pervasive-regulation predominate-control A Read about this Do you know the answer?

Regulatory body's main role is to oversight over the public interest activities from setting the standards to delivery and finally maintaining the system. Required: Explain the differences between regulatory bodies and professional bodies. Also, evaluate the roles of any two regulatory bodies and two professional bodies.

A government entity collects fees for the processing of certain permits. The processing of a permit would normally take a few minutes. The processing fee is collected upon issuance of the permit. This government entity would normally recognize revenue from permit fees. On a straight-line basis By reference to the stage of completion Upon collection of the fee When the significant risks and rewards are transferred to the customer The receipt of a performance bond or a security deposit id credited to a Liability account Revenue account Cash account a and c A certification on the availability of allotment is required before a disbursement of government funds is made. According to the GAM for NGAs, who shall issue this certification? Budget officer Chief accountant Head of the agency Requisitioning Individual The chief accountant shall charge obligations incurred against available allotment to ensure that The NCA is sufficient to meet the disbursement made There are no unreleased…

What is the policy function performed by bodies such as the FASB and the SEC?List and discuss the three sources of inputs to the policy-making function.

Please step by step solutions this finanas question

What is the name of the book that NFP and government professionals need to be familiar with? A. The green book  B. The red book  C. The yellow book D. The black book

Are there sufficient internal and external controls in government operations?

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How is Benford's Law used to investigate cases of fraud? One example please and thank you in advance:(

20. Help me ASAP!!!!

TO whom it may concern,  I was wondering to know following details for question.  Explain relevant law General RuleException   Apply law to key facts General Rule  Exception

When a client has a going concern issue, .AU-C 570 The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern requires an _______.      emphasis-of-matter paragraph be added to the unmodified report, before the opinion paragraph     an emphasis-of-matter paragraph be added to the unmodified report, afterthe opinion paragraph     an explanatory paragraph be added to the unmodified report, after the opinion paragraph     an explanatory paragraph be added to the unmodified report, before the opinion paragraph Sometimes an audit population may be sufficiently small so that_______.     the auditor can ignore the account in question     the auditor can audit every item in the population     the account in question can be outsourced to the internal audit function for auditing     expressed written assurance from senior management pertaining to the account is satisfactory A Type II subsequent event…