During an interview "an auditor should pay attention to how

Related BrainMass Solutions

• Discuss what you believe to be the most sgnificant audit ris

  The auditor should also pay closer attention than usual to revenues, and to adjustments that have been made just prior to the end of the accounting period.

• Internal Control System Evaluation

  Before an outside auditor can determine if there is an adequate system in place, several things should be completed. Management needs to be interviewed. This will help determine the management integrity.

• Whether to conduct an investigation, and how

  Discuss how you would conduct an admission-seeking interview of the plant controller. First, I would suggest a second audit, paying particular attention to details.

• A Discussion on Control Risks

  An example is also provided on this topic to further highlight how to understand this subject fully.

• What is the purpose of engagement planning?

  What critical information should the auditor consider during engagement planning? How will this information affect the scope of the audit? An engagement plan serves as the foundation for the actual audit.

• Business Ethics Potential Conflicts

  Explain. 2) How do decisions made during the ethical cycle affect corporate culture?

• Auditing: How to survey the business to write an audit plan?

  199373 Auditing Resources: How can an auditor survey the business to write an audit plan?

• Misstatements: Iron curtain and rollover approaches

  Rittenberg, Cengage Learning, 2012 The answer to this problem explains how misstatements are addressed during auditing . The references related to the answer are also included.

• Auditing: Material weakness, change control risk, internal a

  A second reason that the board pay very close attention to the internal auditor is that they have access to a much wider array of information because they are part of the firm and not an "outsider."