Auditing And Assurance Services
17th Edition
ISBN: 9780134897431
Author: ARENS, Alvin A.
Publisher: PEARSON
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Question
Chapter 13, Problem 19RQ
To determine
Identify the four phases of the
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Students have asked these similar questions
Describe the four phases performed by the auditor when obtainingan understanding of internal control and assessing control risk.
What are the three goals of an internal control system according to the COSO report? Which of thethree is most important to auditors
During which part of an audit is the preparation of flowcharts most appropriate?
a. When performing tests of controls.
b. When performing substantive tests.
c. When performing preliminary analytical procedures.
d. When documenting the auditor’s understanding of internal control.
Chapter 13 Solutions
Auditing And Assurance Services
Ch. 13 - Prob. 1RQCh. 13 - Prob. 2RQCh. 13 - Prob. 3RQCh. 13 - Prob. 4RQCh. 13 - Prob. 5RQCh. 13 - Prob. 6RQCh. 13 - Explain how the calculation and comparison to...Ch. 13 - Prob. 8RQCh. 13 - Prob. 9RQCh. 13 - For each of the eight types of evidence discussed...
Ch. 13 - Prob. 11RQCh. 13 - Prob. 12RQCh. 13 - Prob. 13RQCh. 13 - Prob. 14RQCh. 13 - Prob. 15RQCh. 13 - Prob. 16RQCh. 13 - Prob. 17RQCh. 13 - Prob. 18RQCh. 13 - Prob. 19RQCh. 13 - Prob. 20RQCh. 13 - Prob. 21.1MCQCh. 13 - Prob. 21.2MCQCh. 13 - A conceptually logical approach to the auditors...Ch. 13 - Prob. 22.1MCQCh. 13 - Prob. 22.2MCQCh. 13 - Prob. 22.3MCQCh. 13 - Prob. 23.1MCQCh. 13 - b. Substantive analytical procedures are most...Ch. 13 - Prob. 23.3MCQCh. 13 - Prob. 24DQPCh. 13 - Prob. 25DQPCh. 13 - Prob. 26DQPCh. 13 - Prob. 27DQPCh. 13 - Prob. 28DQPCh. 13 - Prob. 29DQPCh. 13 - Prob. 30DQPCh. 13 - Prob. 31DQPCh. 13 - Prob. 32DQPCh. 13 - Prob. 33DQPCh. 13 - Prob. 34DQPCh. 13 - Prob. 35DQP
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Similar questions
- Assume that an auditor has identified a number of CAMs. A. what are CAMs? b. For each CAMs, what should the auditor include inthe audit reportarrow_forwardWhat are the types of audit procedures used during substantive testing, briefly explain them.arrow_forwardDescribe the five types of audit tests. Identify which of the five types are substantive tests, and which are used to reduce assessed control risk.arrow_forward
- Differentiate between tests of controls and substantive testing and the relationship between the two audit procedures .arrow_forwardPlease provide the type of audit procedures that was performed in the following aarrow_forwardlist the four types of information the auditor should obtain or review as a part of gaining background information for the audit, and provide one specific example of how the information will be useful in conducting an audit.arrow_forward
- During an audit, the internal auditor should consider the following factor(s) in determining the extent to which analytical procedures should be used: a. Adequacy of the system of internal control. b. Significance of the area being examined. c. Precision with which the results of analytical audit procedures can be predicted. d. All of the above.arrow_forwardWhich of the following audit is a continuous process ? Risk Management Internal Audit Balance Sheet Preparation External Auditarrow_forwardAnalytical procedures are a critical part of audit work. Describe at least three different analytical procedures and explain how to perform each.arrow_forward
- Which of the following is the on-going evaluation of the implementation and operation of the five various components of internal audit? a. Monitoring Activities b. Control Activities c. Control Environment d. Risk Assessmenarrow_forwardIn the auditor's current audit documentation files, what is regarded to be the most significant content?arrow_forward
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