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What is the essence of the rule of professional ethics dealing with contingent fees, and what are the reasons for the rule?
Identify and explain factors that should keep the quality of audits high even though advertising and competitive bidding are allowed.
Contrast the auditor's liability under the Securities Act of 1933 with that under the Securities Exchange Act of 1934.
Prepare an audit plan for the Audit of Accounts Receivable. It is now December 15, 2016. The client's year end and the audit date is march 31, 2017.
In relation to the purchasing of equipment and spare parts, describe two business risks to MSL that Crampton and Hasaad will consider in planning the 2015.
Discuss the major factors in today's society that have made the need for independent audits much greater than it was 50 years ago.
Identify the major causes of information risk and identify the three main ways information risk can be reduced.
What are the information and established criteria for the audit of Jones Company's tax return by an internal revenue agent?
What are the differences and similarities in audits of financial statements, compliance audits, and operational audits?
List five examples of specific operational audits that can be conducted by an internal auditor in a manufacturing company.
What knowledge does the auditor need about the client's business in an audit of historical financial statements?
Relationships among audit services, attestation services, and assurance services.
Explain how a strategic understanding of the client's business may increase the value of the audit service.
Compare the four causes of information risk faced by users of financial statements with those faced by a buyer of an automobile.
Which of the 25 trucks is parked in Regional's parking lot on the night of June 30, 2013.
What other types of auditing careers are available to those who are qualified?
Federal income tax returns of a corporation to determine whether the tax laws have been followed.
Assume Czarnecki and Hogan has hired you as a consultant to identify ways in which they can expand their practice.
What was the passing rate for each exam section in the most recent quarter?
Describe the role of the SEC in society and discuss its relationship with and influence on the practice of auditing.
What roles are played by the American Institute of Certified Public Accountants for its members?
Distinguish between auditing standards and generally accepted accounting principles, and give two examples of each.
Auditors rely on the audit risk formula to determine the types and amount of audit evidence to collect in order to keep the overall audit risk of engagements.
Appraise and critically review control risks and procedures necessary to mitigate such risks.
The board of directors were impressed with last year's audit and wouldlike to propose reappointing CJ as the auditorof the 30 June 2015 financial report audit.