Strayer University Controls and Substantive Procedures Discussion
Question Description
Inherent Risk, Tests of Controls, and Substantive Procedures
- Calculate the required ratios for all given years.
- Identify and explain high inherent risk assertions.
- Analyze and draw conclusions about the nature and extent of tests of controls.
- Analyze and draw conclusions about the nature, timing, and extent of substantive procedures.
Audit Procedures for Property, Plant, and Equipment
- Explain the audit procedures for acquisition and disposal of property, plant, and equipment related to the occurrence, accuracy, and completion assertions.
- Using examples, explain and demonstrate how auditing the disposal of property, plant, and equipment provides evidence of depreciation expense.
- Form conclusions about a selected sample of acquisitions of property, plant, and equipment.
Assingment will be checked for plagiarism!
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