Purchase Solution

What are the advantages a firm gains by using auditing and a

Not what you're looking for?

Ask Custom Question

What are the advantages a firm gains by using auditing and assurance services? How might you use these advantages to promote the auditing and assurance division within a company?

Level: Master in Accounting

Response must be substantive.

Purchase this Solution
Solution Summary

What are the advantages a firm gains by using auditing and assurance services? How might you use these advantages to promote the auditing and assurance division within a company?

Solution Preview

What are the advantages a firm gains by using auditing and assurance services? How might you use these advantages to promote the auditing and assurance division within a company?

The main advantage that a firm gains by using auditing and assurance services is the quality of the information. By using such services, the information quality increases, which in turn comes down to the users of the company's financial statements, ...

Purchase this Solution
Free BrainMass Quizzes
Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Team Development Strategies

This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Motivation

This tests some key elements of major motivation theories.

View More Free Quizzes
Related BrainMass Solutions

  • Advantages a firm gains by obtaining auditing services

    405858 ACC/546 Auditing and Assurance What are the advantages a firm gains by using auditing and assurance services? What are the advantages a firm gains by using auditing and assurance services?

  • Auditing and Assurance

    507094 Auditing and Assurance What are the advantages a firm gains by using auditing and assurance services? How might you use these advantages to promote the auditing and assurance division within a company?

  • Advantages of Auditing and Assurance Services

    342555 Advantages of Auditing and Assurance Services What are the advantages a firm gains by using auditing and assurance services? How might you use these advantages to promote the auditing and assurance division of a company from within?

  • A client has an out-of-control system. A recommendation has

    Write a recommendation for the client, justifying the benefits of using an internal auditor. Conclude your recommendation by referring a person for the job based on their background.

  • Internal vs. External Auditors

    In addition, when outsourcing internal auditing work the outsourced company gains more knowledge for end of year reports that would ordinarily be done by the outside company.

  • Differentiation - advantages to customers

    Three advantages to customers when a firm differentiates the marketing mix are as follows.

  • Discussing M&A

    311303 Discussing M&A What is an M&A? What is the rationale behind pursuing an M&A? What are some advantages of pursuing an M&A? Provide examples. What is an M&A? M&A is merger and acquisition.

  • Audit and fraud investigation

    If you are pleased, consider giving me a good rating. Thank you for using BrainMass! Description of auditing and fraud investigation departments in companies, why these are sometimes combined functions, and why sometimes not.

  • Pricing

    The relationship between cost advantages and the PLC is that at different stages of the PLC the firm that has certain cost advantages gains competitive advantages.

View More Related Solutions