roles of directors of the company and the role of auditors using the categories

Q: Responsibilities of an accountant

A: Accountant: An Accountant is a professional who is responsible for keeping and interpreting…

Q: What is the role of the Public Company Accounting Oversight Board?

A:

Q: Which statement regarding management accounting is true ? Select one: O a. Management accounts are…

A: Management accounting is the process by which useful information about the business operations is…

Q: Who bears the responsibility of the preparation of company’s financial statements?   A         The…

A: The external auditors are responsible for the auditing of the company

Q: The financial statements of a company are management's, not the accountant's.” Discuss the…

A: Financial statement: Financial statements are prepared to summaries the account at the end of the…

Q: Describe the role of auditor in accounting.

A: 1. An auditor's responsibility is to give a true and fair view of the financial statements which…

Q: 3. Who bears ultimate responsibility for the financial statements? a. Management of the…

A: The preparation and presentation of the financial statement is soul responsibility of the management…

Q: he following:   considering the financial reporting history of the company. investigating large…

A: A financial statement refers to the financial documents of a company which are prepared by the…

Q: or in the implementation of cor

A: Auditing plays a key role in Corporate Social Responsibility (CSR) and corporate governance.…

Q: why Chief Financial Officer must have a background on the following subjects: Financial Accounting…

A: why Chief Financial Officer must have a background on the following subjects:  Financial…

Q: corporate gover

A: The link is given as,

Q: What position is typically responsible for general financial accounting, managerial accounting, and…

A: General financial accounting means to do the regular accounting reporting, managerial accounting…

Q: Managerial accounting information is generally prepared for a. stockholders. b. creditors. c.…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: fundamentals that will guide the development of financial accounting and reporting standards. The…

A: Conceptual Framework in Accounting Conceptual Framework which was proposed by the International…

Q: An internal auditor is primarily responsible to: a. The Customers b. The Management c. The Creditors…

A: Audit is the review and examination of books of account and financial information of the business in…

Q: Prepare a blueprint for the board of Electronic Boards plc, outlining the main factors which they…

A: The process of creating and organizing the goals by identifying, analyzing, and communicating…

Q: Management accounting focuses primarily on providing data for: Oa. internal uses by managers Ob.…

A: There are different types of accounting such as financial accounting, management accounting, cost…

Q: Governance issues include the following except; Select one: a. Disclosure and transparency b. Role…

A: The term Governance refers to process which is designed to ensure the following quality in the…

Q: What are the responsibilities of the Board of Directors for the financial statements? Or…

A: Financial statements are important because they provide vital information related to the financial…

Q: Explain each of the following items:a. Staff Accounting Bulletins.b. Wraparound filing.c.…

A: a. Staff Accounting Bulletins: Staff Accounting Bulletins are published by the staff of SEC. Its…

Q: The reporting standard for external financial reports isa. industry-specific.b. company-specific.c.…

A: Reporting standards: These are defined as the set of common guidelines and rules that are followed…

Q: What elements should accountants examine while developing a company's PPE accounting policy

A: The assets on a company's balance sheet are the things that will bring it money in the future. The…

Q: What is the SEC’s relationship to the Public Company Accounting Oversight Board?

A: The Sarbanes-Oxley Act created the Public Company Accounting Oversight Board to supervise the…

Q: Accountants role in the organization

A: An accountant can be anything from a simple bookkeeper to a strategic adviser, interpreting…

Q: Which of the following is included within the financial statements? A. Board of Directors' Report…

A: Financial statements: These refer to the formal or official records of the activities of the…

Q: Detail the roles of non executive director , chief finance officer (CFO), Audit Committee and…

A: Roles of Non-executive director: The non-executive director is responsible for reviewing and…

Q: Which characteristic applies more to financial accounting than to managerial accounting? a. Company…

A: Accounting have different branches which deals with different accepts of accounting. Financial…

Q: 17. External users of financial information: A. Are those individuals involved in managing and…

A: External users of financial information and statements are investors,l lenders, and other creditors.

Q: You are approached to comment on a company’s accounting disclosure quality. As an accounting…

A: Accounting disclosures are the information that the company discloses with the financial information…

Q: 4. The auditors' report may be addressed to the company whose financial statements are being…

A: The auditing means to examine the financial statements of the business by the certified auditor.

Q: Comment on the level of detail necessary for operations management, middle management, and…

A: The level of detail required in the information varies greatly between operations management, middle…

Q: Recognize the title of financial statement which is audited to know the total contribution of the…

A: Audit: The audit is the independent examination of financial statements to express an overall…

Q: What are the responsibilities of management described in Section 404 of the Sarbanes-Oxley Act? What…

A: Following are the responsibility of Management describe in section 404 of the Sarbanes-Oxley Act:…

Q: Evaluation of the appropriateness of accounting policies used and the reasonableness of accounting…

A: Evaluation of the appropriateness of accounting policies used and the reasonableness of accounting…

Q: Management accounting is the branch of accounting concerned with reporting to: A. Bankers B.…

A: Management accounting is a branch of accounting which is related to decision making by managers for…

Q: roles of directors of the company, executive director and non executive directors

A: EXECUTIVE DIRECTOR: An executive director is a senior operating officer or manager of an…

Q: The Sarbanes-Oxley Act provides for requirements with respect to which committee(s) of a company's…

A: The Sarbanes-Oxley Act (or SOX Act) refers to a form of federal law incorporated by United states…