CPA review: 300 word summary of the main concepts in auditing
Not what you're looking for?
Write a post of 300 words summarizing CPA exam preparatory material.
Purchase this Solution
Solution Summary
This contains a very brief (three paragraph) summary of the main idea in auditing that are in the CPA exam.
Solution Preview
The audit adds credibility to financial reports by providing objective assurance that the reports are reasonable (not absolutely accurate). Audits are conducted in accordance with auditing standards, of which there are ten, that govern the action of auditors that are checking to be sure that the financials are in accordance with the reporting framework (accounting standards). Auditing standards require the auditor to be competent, independent, and careful. The auditor must plan and supervise the audit, understand the client's controls, and collect ...
Education
- BSc, University of Virginia
- MSc, University of Virginia
- PhD, Georgia State University
Recent Feedback
- "hey just wanted to know if you used 0% for the risk free rate and if you didn't if you could adjust it please and thank you "
- "Thank, this is more clear to me now."
- "Awesome job! "
- "ty"
- "Great Analysis, thank you so much"
Purchase this Solution
Free BrainMass Quizzes
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.