Audit

6-19a.(2)b.(2)c.(1) 6-20a.(1)b.(2)c.(1) 6-27a.Management assertions argon implied or expressed representations by way round the classes of movements and related accounts in the financial statements. SAS 106 identifies louver assertions about classes of transactions which atomic number 18 stated in the problem. These assertions are the same for every transaction cycle and account. General transaction-related scrutinize objectives are basically the same as management assertions, scarce they are grow somewhat to help the canvassor ensconce which take stock evidence is requirement to fulfil the management assertions. the true and posting and summarization are a subset of the accuracy assertion. unique(predicate) transaction-related audit objectives are temptd by the auditor for distributively global transaction-related audit objective. These are through with(p) for each transaction cycle to help the auditor determine the specific cadence of evidence needed for that cycle to satisfy the general transaction-related audit objectives. b. and c. The easiest way to do this problem is to firstborn identify the general transaction-related audit objectives for each specific transaction-related audit objective. It is then swooning to determine the management assertion employ Table 6-3 (p. 156 in text) as a guide. 6-27(continued) | |b. |c.

| | ! | |GENERAL TRANSACTION-RELATED canvass | | | |OBJECTIVE | | particular(prenominal) TRANSACTION-RELATED AUDIT OBJECTIVE |MANAGEMENT ASSERTION | | |a. put down silver disbursement transactions are for the |3. verity |8. Accuracy | | summation of...If you want to get a full essay, consecrate it on our website: BestEssayCheap.com

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