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 about the classes of movements and related accounts in the financial statements. SAS 106 identifies louver assertions about classes of proceeding which are stated in the problem. These assertions are the same for both transaction cycle and account. General transaction-related scrutinize objectives are fundamentally the same as management assertions, scarce they are spread out somewhat to help the canvassor ensconce which analyse evidence is necessary to satisfy the management assertions. the true and posting and summarization are a subset of the accuracy assertion. unique(predicate) transaction-related audit objectives are watchd by the auditor for distributively global transaction-related audit objective. These are through for each transaction cycle to help the auditor determine the specific cadence of evidence needed for that cycle to satis fy the general transaction-related audit objectives. b. and c. The easiest way to do this problem is to starting identify the general transaction-related audit objectives for each specific transaction-related audit objective. It is then swooning to determine the management assertion using 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. save silver disbursement transactions are for the |3. accuracy |8. Accuracy | | summation of...If you want to get a full essay, rate it on our website: BestEssayCheap.com

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