How can we help?

You can also find more resources in our Help Center.

Study sets matching "auditing responsibilities objectives"

Study sets
Classes
Users

Study sets matching "auditing responsibilities objectives"

19 terms
Audit Responsibilities and Objectives
Explain the object of conducting an au…
Management Responsibilities
Describe the overall objectives of the…
Discuss 3 reasons auditors are respons…
The purpose of an audit is to provide financial statement use…
1. Adopting sound accounting policies... 2. Maintaining adequate…
(a) To obtain reasonable assurance about whether the F/S as a…
1. Most audit evidence results from testing a sample of a pop…
Explain the object of conducting an au…
The purpose of an audit is to provide financial statement use…
Management Responsibilities
1. Adopting sound accounting policies... 2. Maintaining adequate…
104 terms
Audit Objectives and Responsibilities
Fraud
Error
True
False; Auditor's
ID: Intentional act among management, TCWG, employees, or thi…
ID: Unintentional misstatements or omissions in FSs, includin…
Modified TF: The objective of an FS audit is to enable the au…
Modified TF: Practitioner's responsibilities: ... 1. Obtain reas…
Fraud
ID: Intentional act among management, TCWG, employees, or thi…
Error
ID: Unintentional misstatements or omissions in FSs, includin…
13 terms
Chapter 6: Audit Responsibilities and Objectives
Objective of Conducting an Audit of Fi…
Auditor's Opinion
5 Steps to Develop Auditing Objectives
Management Responsibilities
The purpose of an audit is to provide financial statement use…
The auditor's opinion enhances the degree of confidence for u…
1. Understand the objectives and responsibilities for the aud…
By Law:... 1. Adopt sound accounting practices... 2. Maintain prope…
Objective of Conducting an Audit of Fi…
The purpose of an audit is to provide financial statement use…
Auditor's Opinion
The auditor's opinion enhances the degree of confidence for u…
18 terms
Auditing - Chpt 6: Audit Responsibilities and Objectives
Steps to develop audit objectives:
Management's Responsibilities:
Auditor's Responsibilities
Material vs. Immaterial
Understand objectives and responsibilities for the audit... Divi…
Adopt sound accounting policies... Maintain adequate internal co…
Overall objectives of auditor, in conducting audit of financi…
Material - combined uncorrected errors and fraud would likely…
Steps to develop audit objectives:
Understand objectives and responsibilities for the audit... Divi…
Management's Responsibilities:
Adopt sound accounting policies... Maintain adequate internal co…
18 terms
Auditing - Chpt 6: Audit Responsibilities and Objectives
Steps to develop audit objectives:
Management's Responsibilities:
Auditor's Responsibilities
Material vs. Immaterial
Understand objectives and responsibilities for the audit... Divi…
Adopt sound accounting policies... Maintain adequate internal co…
Overall objectives of auditor, in conducting audit of financi…
Material - combined uncorrected errors and fraud would likely…
Steps to develop audit objectives:
Understand objectives and responsibilities for the audit... Divi…
Management's Responsibilities:
Adopt sound accounting policies... Maintain adequate internal co…
14 terms
Auditing chap 6 - audit responsibilities and objectives
5 steps to develop audit objectives
Error
Fraud
Misappropriation of asset (aka. "Defal…
1. understand objectives and responsibilities for the audit... 2…
An unintentional misstatement of the fin stmts... Ex: A mistake…
An intentional misstatement of the fin stmts
A fraud involving the theft of an entity's assets... Ex: a clerk…
5 steps to develop audit objectives
1. understand objectives and responsibilities for the audit... 2…
Error
An unintentional misstatement of the fin stmts... Ex: A mistake…
19 terms
Ch. 6 Audit Responsibilities and objectives
Analytical procedures
Balance related audit objectives
Cycle approach
Error
Evaluations of financial info through the analysis of plausib…
Eight audit objectives that must be met before the auditor ca…
A method of dividing an audit by keeping closely related type…
An unintentional misstatement of financial statements
Analytical procedures
Evaluations of financial info through the analysis of plausib…
Balance related audit objectives
Eight audit objectives that must be met before the auditor ca…
11 terms
Audit Ch. 6 - Auditing Responsibilities & Objectives
responsibilities of auditor
responsibilities of management
cycle approach of audit segmentation
management assertions
plan and perform audit to obtain reasonable assurance about w…
preparation and fairness of presentation of F/S... adopting soun…
based on transaction cycles... -sales and collection... -acquisitio…
implied or expressed representations by management about clas…
responsibilities of auditor
plan and perform audit to obtain reasonable assurance about w…
responsibilities of management
preparation and fairness of presentation of F/S... adopting soun…
25 terms
Chapter 1: Audit Responsibilities and objectives
Explain the ovjective of conducting an…
Steps to develop audit objectives
Who does the SOX require to certify th…
What is a material misstatement
The purpose of an audit is to provide financial statement use…
Understand objectives and responsibilities for the audit -> d…
CEO and CFO
if the combined uncorrected errors would likely have changed…
Explain the ovjective of conducting an…
The purpose of an audit is to provide financial statement use…
Steps to develop audit objectives
Understand objectives and responsibilities for the audit -> d…
19 terms
Ch.6 Audit Responsibilities and Objectives
Analytical Procedures
Balance Related Audit objectives (TOB)
Cycle Approach
Error
evaluations of financial information through analysis of plau…
eight audit objectives that must be met before the auditor ca…
a method of dividing an audit by keeping closely related type…
an unintentional misstatement of the financial statements
Analytical Procedures
evaluations of financial information through analysis of plau…
Balance Related Audit objectives (TOB)
eight audit objectives that must be met before the auditor ca…
15 terms
Ch.6 Audit responsibilities and objectives
what is management responsibilities in…
what does the Sarbanes-Oxley act requi…
the auditors responsibilities is to
what are the two types of misstatements
adopting sound accounting polices... 2. maintaining adequate int…
to certify the quarterly and annual financial statements subm…
obtain reasonable assurance that the f.s as a whole are free…
error: didn't mean to do it... fraud: mean to do it
what is management responsibilities in…
adopting sound accounting polices... 2. maintaining adequate int…
what does the Sarbanes-Oxley act requi…
to certify the quarterly and annual financial statements subm…
14 terms
Chapter 5: Audit Responsibilities and Objectives
CAS 200
Management's Responsibilities
Types of Misstatements
Misappropriation of assets
States that an audit of financial statements is to be conduct…
CAS 210 sets out management's responsibilities:... - Adopt sound…
CAS 240 identifies two types of misstatements:... - An ERROR is…
Is fraud that involves theft of an entity's assets. It is usu…
CAS 200
States that an audit of financial statements is to be conduct…
Management's Responsibilities
CAS 210 sets out management's responsibilities:... - Adopt sound…
26 terms
Chapter 6: Audit Responsibilities and Objectives
Analytical Procedures
Balance related audit objectives
Cycle approach
Error
Evaluations of financial information through analysis of plau…
Eight objectives that must be met before the auditor can conc…
A method of dividing an audit by keeping closely related type…
An unintentional misstatement of the financial statements
Analytical Procedures
Evaluations of financial information through analysis of plau…
Balance related audit objectives
Eight objectives that must be met before the auditor can conc…
26 terms
Chapter 6 Audit Responsibilities and Objectives
Material Versus Immaterial Misstatements
Reasonable Assurance
Errors Versus Fraud SAS 99 (AU 316)
Professional Skepticism
Misstatements are usually considered material if the combined…
Assurance is a measure of the level of certainty that the aud…
error is an unintentional misstatement, whereas fraud is inte…
an atittude that includes a questioning mind and a critical a…
Material Versus Immaterial Misstatements
Misstatements are usually considered material if the combined…
Reasonable Assurance
Assurance is a measure of the level of certainty that the aud…
77 terms
Chapter 6: Audit Responsibilities & Objectives
AU 110
Management's responsibility
AU 110 amended
Material Misstatements
Objective of the ordinary audit of financial statements by th…
is to adopt sound accounting policies, maintain adequate inte…
auditor has the responsibility to plan and perform audit to o…
if the combined uncorrected errors and fraud in the financial…
AU 110
Objective of the ordinary audit of financial statements by th…
Management's responsibility
is to adopt sound accounting policies, maintain adequate inte…
11 terms
Audit Ch 6 Audit Responsibilities and Objectives
Objectives of conducting an Audit of FS
Steps to Develop Audit Objectives
Mgmt responsibility of FS
Auditor's responsibility for Discoveri…
the purpose is to provide FS users with an opinion by the aud…
1. understand objectives and responsibility for the audit ... 2.…
-FS and internal control... -CEO and CFO must certify quarterly…
audits suspects:... -inquire of mgmt. ... -consult client's counsel…
Objectives of conducting an Audit of FS
the purpose is to provide FS users with an opinion by the aud…
Steps to Develop Audit Objectives
1. understand objectives and responsibility for the audit ... 2.…
11 terms
Chapter 6: Audit Responsibilities & Objectives
Types of Fraud
Illegal Acts
Elements of Professional Skeptism
Financial Statement Cycles
1) Misappropriation of assets: employee stealing something…
1) Direct-Effect- ex: violating federal tax code... 2) Indirect-…
Suspension of judgement... Questioning mindset... Interperson…
Sales and Collection... Acquisition and Payment... Payroll and Pers…
Types of Fraud
1) Misappropriation of assets: employee stealing something…
Illegal Acts
1) Direct-Effect- ex: violating federal tax code... 2) Indirect-…
23 terms
Audit Ch.5 Audit Responsibilities & Objectives
The auditor should not be blind to evi…
An unintentional misstatement of the f…
An intentional misstatement of the fin…
Theft of assets
Professional Skepticism
Error
Fraud or other irregularity
Defalcation or employee fraud
The auditor should not be blind to evi…
Professional Skepticism
An unintentional misstatement of the f…
Error
27 terms
Ch. 6 Audit Responsibilities and Objectives
Purpose of an Audit
5 Steps to Develop Audit Objectives
Management's Responsibilities
Overall Objective of an Auditor
To provide financial statement users with an opinion by the a…
1. Understand objectives and responsibilities for the audit... 2…
1. Adopting sound accounting principles... 2. Maintaining adequa…
Obtain REASONABLE ASSURANCE about whether the financial state…
Purpose of an Audit
To provide financial statement users with an opinion by the a…
5 Steps to Develop Audit Objectives
1. Understand objectives and responsibilities for the audit... 2…
23 terms
Audit test 1- Audit responsibilities and objectives
What are the two types of Fraud in aud…
Financial statement fraud
Misappropriation of assets
Which type of fraud is more of a conce…
Financial statement fraud and misappropriation of assets
when top level management misrepresent financial statements
The misuses of company assets, typically by lower level manag…
Financial statement fraud-- order for misappropriation of ass…
What are the two types of Fraud in aud…
Financial statement fraud and misappropriation of assets
Financial statement fraud
when top level management misrepresent financial statements
24 terms
CH 6 - Audit Responsibilities and Objectives
What are the responsibilities of manag…
SOX requires which executives to certi…
What are the SOX criminal penalties im…
What are the responsibilities of an au…
- adopting sound ACCT policies... - maintaining adequate interna…
CEO and CFO
- significant monetary fines... - imprisonment up to 20 years
- detecting material misstatements... - providing reasonable ass…
What are the responsibilities of manag…
- adopting sound ACCT policies... - maintaining adequate interna…
SOX requires which executives to certi…
CEO and CFO
43 terms
Chapter 6 Audit Responsibilities and Objectives
What is the objective of an audit (Gen…
Objective of an Audit (Specific)?
What is material Misstatement?
Objective of an audit? (3 elements)
To issue an opinion on the financial statements of a company.…
Obtain reasonable assurance about whether the financial statm…
Something large/big enough on the financial statements that c…
1. Issue a report with reasonable assurance... 2. Free from Mate…
What is the objective of an audit (Gen…
To issue an opinion on the financial statements of a company.…
Objective of an Audit (Specific)?
Obtain reasonable assurance about whether the financial statm…
27 terms
Auditing and Assurance Services Ch. 6: Audit Responsibilities and Objectives
The responsibility for __ rests with m…
The Sarbanes-Oxley Act requires the __…
What are two types of fraud?
Auditing standards require that an aud…
adopting sound accounting policies, maintaining adequate inte…
CEO and the CFO of public companies; quarterly and annual fin…
Misappropriation of assets, such as a clerk taking cash at th…
attitude of professional skepticism in all aspects of the eng…
The responsibility for __ rests with m…
adopting sound accounting policies, maintaining adequate inte…
The Sarbanes-Oxley Act requires the __…
CEO and the CFO of public companies; quarterly and annual fin…
44 terms
ACC 455 - Chapter 6 - Audit Responsibilities and Objectives
Analytical procedures
Balance-related audit objectives
Cycle approach
Error
evaluations of financial information through analysis of plau…
eight audit objectives that must be met before the auditor ca…
a method of dividing an audit by keeping closely related type…
an unintentional misstatement of the financial statements.
Analytical procedures
evaluations of financial information through analysis of plau…
Balance-related audit objectives
eight audit objectives that must be met before the auditor ca…
27 terms
Auditing and Assurance Services Ch. 6: Audit Responsibilities and Objectives
The responsibility for __ rests with m…
The Sarbanes-Oxley Act requires the __…
What are two types of fraud?
Auditing standards require that an aud…
adopting sound accounting policies, maintaining adequate inte…
CEO and the CFO of public companies; quarterly and annual fin…
Misappropriation of assets, such as a clerk taking cash at th…
attitude of professional skepticism in all aspects of the eng…
The responsibility for __ rests with m…
adopting sound accounting policies, maintaining adequate inte…
The Sarbanes-Oxley Act requires the __…
CEO and the CFO of public companies; quarterly and annual fin…
25 terms
Audit Chapter 6- Auditor Responsibilities & Objectives
Purpose of an audit
5 Financial Statement Cycles
Management's responsibility
Auditor's responsibility
to provide financial statement users with an opinion by the a…
1) Sales and Collection... 2) Acquisition and Payment... 3) Payroll…
- Adopting sound accounting policies... - Maintaining adequate i…
- Obtain reasonable assurance about whether the f/s as a whol…
Purpose of an audit
to provide financial statement users with an opinion by the a…
5 Financial Statement Cycles
1) Sales and Collection... 2) Acquisition and Payment... 3) Payroll…
44 terms
ACC 455 - Chapter 6 - Audit Responsibilities and Objectives
Analytical procedures
Balance-related audit objectives
Cycle approach
Error
evaluations of financial information through analysis of plau…
eight audit objectives that must be met before the auditor ca…
a method of dividing an audit by keeping closely related type…
an unintentional misstatement of the financial statements.
Analytical procedures
evaluations of financial information through analysis of plau…
Balance-related audit objectives
eight audit objectives that must be met before the auditor ca…
196 terms
ACTG 307 - Auditing - Audit Responsibilities & Objectives (Chapter 6)
The objective of the ordinary audit of…
If management insists on financial sta…
The concept of reasonable assurance in…
Fraudulent financial reporting is ofte…
the fairness of the financial statements
issue an adverse audit report OR issue a qualified audit repo…
not an insurer of the correctness of the financial statements
management fraud
The objective of the ordinary audit of…
the fairness of the financial statements
If management insists on financial sta…
issue an adverse audit report OR issue a qualified audit repo…
27 terms
Auditing and Assurance Services Ch. 6: Audit Responsibilities and Objectives
The responsibility for __ rests with m…
The Sarbanes-Oxley Act requires the __…
What are two types of fraud?
Auditing standards require that an aud…
adopting sound accounting policies, maintaining adequate inte…
CEO and the CFO of public companies; quarterly and annual fin…
Misappropriation of assets, such as a clerk taking cash at th…
attitude of professional skepticism in all aspects of the eng…
The responsibility for __ rests with m…
adopting sound accounting policies, maintaining adequate inte…
The Sarbanes-Oxley Act requires the __…
CEO and the CFO of public companies; quarterly and annual fin…
27 terms
Auditing and Assurance Services Ch. 6: Audit Responsibilities and Objectives
The responsibility for __ rests with m…
The Sarbanes-Oxley Act requires the __…
What are two types of fraud?
Auditing standards require that an aud…
adopting sound accounting policies, maintaining adequate inte…
CEO and the CFO of public companies; quarterly and annual fin…
Misappropriation of assets, such as a clerk taking cash at th…
attitude of professional skepticism in all aspects of the eng…
The responsibility for __ rests with m…
adopting sound accounting policies, maintaining adequate inte…
The Sarbanes-Oxley Act requires the __…
CEO and the CFO of public companies; quarterly and annual fin…
27 terms
Auditing and Assurance Services Ch. 6: Audit Responsibilities and Objectives
The responsibility for __ rests with m…
The Sarbanes-Oxley Act requires the __…
What are two types of fraud?
Auditing standards require that an aud…
adopting sound accounting policies, maintaining adequate inte…
CEO and the CFO of public companies; quarterly and annual fin…
Misappropriation of assets, such as a clerk taking cash at th…
attitude of professional skepticism in all aspects of the eng…
The responsibility for __ rests with m…
adopting sound accounting policies, maintaining adequate inte…
The Sarbanes-Oxley Act requires the __…
CEO and the CFO of public companies; quarterly and annual fin…
28 terms
Audit Responsibilities & the Audit Report
What is the auditor's responsibility?
What is meant by reasonable assurance?
Why can't auditors guarantee there are…
What is meant by materiality?
The auditor is required to obtain reasonable assurance about…
Reasonable is a measure of certainty that the auditor has obt…
Auditors use judgment based on samples, therefore there's the…
Misstatements are considered material if the combined uncorre…
What is the auditor's responsibility?
The auditor is required to obtain reasonable assurance about…
What is meant by reasonable assurance?
Reasonable is a measure of certainty that the auditor has obt…
19 terms
Audit Objectives
Existence and accuracy
Cutoff
Cutoff
Existence and accuracy
Confirm accounts receivable ending balances and sales terms,…
Review sales returns after the balance sheet date to determin…
Compare dates on shipping documents with the sales journal th…
Perform alternative procedures for nonresponses to confirmati…
Existence and accuracy
Confirm accounts receivable ending balances and sales terms,…
Cutoff
Review sales returns after the balance sheet date to determin…
14 terms
Audit Responsibility
purpose of audit
management
objectives of auditor in conducting au…
assurance
to provide financial statement users with an opinion by the a…
The responsibility for adopting sound accounting policies, ma…
(a) obtain reasonable assurance about whether the financial s…
a measure of the level of certainty that the auditor has obta…
purpose of audit
to provide financial statement users with an opinion by the a…
management
The responsibility for adopting sound accounting policies, ma…
Audit Objectives
Detail Tie-In
What is this is an example of?... Indivi…
Existence
What is this an example of?... Inclusion…
Details in the account balance agree w/related master file am…
Detail Tie-In
Amounts included exist
Existence
Detail Tie-In
Details in the account balance agree w/related master file am…
What is this is an example of?... Indivi…
Detail Tie-In
27 terms
Audit Objectives
Audit Objective
Management's Responsibilities
Auditor's Responsibilities
Assurance
The purpose of an audit is to provide financial statement use…
Financial statements and internal controls, CEO and CFO must…
To obtain reasonable assurance about whether the financial st…
Measure of the level of certainty that the auditor has obtained
Audit Objective
The purpose of an audit is to provide financial statement use…
Management's Responsibilities
Financial statements and internal controls, CEO and CFO must…
25 terms
Audit Objective
Professional scepticism
How does the auditor apply professiona…
Auditor's Responsibilities
Financial statement cycle
An attitude that includes a questioning mind, being alert to…
When assessing engagement acceptance... When performing risk ass…
An audit in accordance with ISAs is designed to provide reaso…
- Sales and collection cycle... - Acquisition and payment cycle…
Professional scepticism
An attitude that includes a questioning mind, being alert to…
How does the auditor apply professiona…
When assessing engagement acceptance... When performing risk ass…
15 terms
Audit Objectives
Occurrence
Completeness
Accuracy
Completeness
- Recorded acquisitions are for goods and services actually r…
Existing cash disbursement transactions are recorded
Recorded cash disbursement transactions are stated at the cor…
Existing acquisition transactions are recorded
Occurrence
- Recorded acquisitions are for goods and services actually r…
Completeness
Existing cash disbursement transactions are recorded
18 terms
Auditing Audit Objectives & Management Assertions
Occurrence
Completeness - T
Accuracy - T
Posting and Summarization
Transaction -Recorded sales are for shipments made to non-fic…
Transaction - Existing sales transactions are recorded - Comp…
Transaction - (Initial recording of information) Recorded sal…
Transaction - (Accurate transfer of info within ACTG system)…
Occurrence
Transaction -Recorded sales are for shipments made to non-fic…
Completeness - T
Transaction - Existing sales transactions are recorded - Comp…
19 terms
Responses to Objections
Argumentative
Hearsay (on non hearsay)
Hearsay (under exception)
Nonresponsive to the question (on dire…
I'm not being argumentative. I'm seeking to elicit facts from…
It's not an out of court statement being offered for the trut…
Pursuant to rule 402: state of mind of declarant
The witness did answer the question... And/or... Pursuant to Rule 1…
Argumentative
I'm not being argumentative. I'm seeking to elicit facts from…
Hearsay (on non hearsay)
It's not an out of court statement being offered for the trut…
20 terms
AUDIT 6- Prof Responsibilities
AICPA Professional Responsibilities... --…
Objectivity and Independence
Independence for Non-Attest Services?
Independence Impaired
Only Rules: ... 102 (Integrity and objectivity) ... 501 (Discredita…
Only Independence applies to Attestation Services Only (audit…
A firm may perform non-attest services for a client and still…
Financial Interests... Employment Relationships (family member e…
AICPA Professional Responsibilities... --…
Only Rules: ... 102 (Integrity and objectivity) ... 501 (Discredita…
Objectivity and Independence
Only Independence applies to Attestation Services Only (audit…
23 terms
CPA AUDIT - PROFESSIONAL RESPONSIBILITIES
Six Articles of the Code of Profession…
Responsibilities (Code of Conduct)
The Public Interest (Code of Conduct)
Integrity (Code of Conduct)
1) Responsibilities... 2) The Public Interest... 3) Integrity... 4)…
Members should exercise sensitive professional and moral judg…
Members should accept the obligation to the public interest…
Should perform with a high sense of integrity ... - Can accommo…
Six Articles of the Code of Profession…
1) Responsibilities... 2) The Public Interest... 3) Integrity... 4)…
Responsibilities (Code of Conduct)
Members should exercise sensitive professional and moral judg…
33 terms
CH 6- audit responsibilities
management responsibility
auditor responsibilities
material misstatement
assurance
adopt sound accounting policies, maintain internal control &…
assure financials are in accordance with reporting framework…
combined uncorrected errors and fraud in financials would've…
measure of the level of certainty that the auditor has obtain…
management responsibility
adopt sound accounting policies, maintain internal control &…
auditor responsibilities
assure financials are in accordance with reporting framework…
49 terms
Audit 6: Professional Responsibilities
Who can revoke and suspend your CPA Li…
What services does the AICPA govern?
Does objectivity apply to all CPAs?
Define: Due Care
State Board
The AICPA governs all services
Yes, you must maintain objectivity in all you do
No negligence
Who can revoke and suspend your CPA Li…
State Board
What services does the AICPA govern?
The AICPA governs all services
9 terms
Response Objectives
Action Options and Response Objectives
Basic Principles That Apply to Respons…
Response Objective Analysis Form
Stress (event sequence)
Include:... - OFFENSIVE... - DEFENSIVE... - NONINTERVENTION... Based on:…
1. One cannot influence events that have already happened or…
consists of EVENT SEQUENCE, RESPONSE OBJECTIVES, and SAMPLE R…
Response objective:... - change applied stress... Sample response…
Action Options and Response Objectives
Include:... - OFFENSIVE... - DEFENSIVE... - NONINTERVENTION... Based on:…
Basic Principles That Apply to Respons…
1. One cannot influence events that have already happened or…
28 terms
Objections and Responses
Hearsay(No hearsay)
Improper Character Evidence-Good
Improper Character Evidence-Bad
Narrative
Your honor, no out of court statement is being offered.
Your honor, good character evidence of a defendant is always…
Your honor, this testimony is going to disprove the prior inc…
Your honor, may I make an offer of proof that this witness/my…
Hearsay(No hearsay)
Your honor, no out of court statement is being offered.
Improper Character Evidence-Good
Your honor, good character evidence of a defendant is always…
18 terms
Responses to Objections
CMF
Irrelevant
Lack of Foundation
Lack of Personal Knowledge
1. Refer judge to page and line number... 2. Argue that the test…
Goes to... (motive, means, opportunity, credibility, etc.)... Th…
The witness has already testified... (explain why witness was…
The witness has already testified... (explain why witness dir…
CMF
1. Refer judge to page and line number... 2. Argue that the test…
Irrelevant
Goes to... (motive, means, opportunity, credibility, etc.)... Th…
12 terms
Response to Objections
I'm busy.
I don't have any bugs/rodents.
I already have a company.
Can you come back later?
I totally understand. Just really quick... (positive body lan…
Perfect that's why I'm here. Our service is to continue to se…
Oh for sure, I'm glad you do... You guys are going to love th…
For sure I can. Let me show you really quick why I'm here
I'm busy.
I totally understand. Just really quick... (positive body lan…
I don't have any bugs/rodents.
Perfect that's why I'm here. Our service is to continue to se…
12 terms
Audit Extended response
Brief history of assurance
Assertions about account balances at p…
Society's expectation of auditor... audit…
define corporate governance, board of…
Securities act of 1993 & 1994 required public companies be au…
Completeness - everything fully reported... Existence - proof th…
society - exercise due care or professional skepticism... respon…
corporate gov - people, processes and activities that help bu…
Brief history of assurance
Securities act of 1993 & 1994 required public companies be au…
Assertions about account balances at p…
Completeness - everything fully reported... Existence - proof th…
1 of 10