Evidence obtained from observation vs inquiry

Related BrainMass Solutions

• 6-21 audit evidence: evaluating inquiry and oral evidence

  557657 6-21 audit evidence: evaluating inquiry and oral evidence 6-21 (Audit evidence) In an audit of financial statements, an auditor must judge the validity of the audit evidence obtained.

• Evidence obtained directly by internal auditing vs. indirect

  618182 Evidence obtained directly by internal auditing vs. indirect Explain why the following statements is considered to be true.

• Audit Experience and Guidance

  An important issue in this regard is the observation of inventory count. The fourth Audit Procedure for obtaining audit evidence is inquiry. Inquiry must be made from knowledgeable persons, both internal and external.

• Audit evidence: Evaluate inquiry and oral evidence, limitati

  Inquiry and oral evidence from outsider parties is more persuasive than comments made by the client because the client is presumed to be biased (wanting the company to look as good as possible).

• Effectiveness of Internal Controls on Reliability

  In situations similar to this one, the controls can be tested through inquiry and a combination of other procedures such as activity observation, less formal documentation inspection, and re-performance of certain controls which might provide evidence

• Consumer Research Process

  As per experiment, if the study aims to find out the answer to an inquiry through numerical evidence, then one should make use of the Quantitative Research.

• several methods of inquiry that can be used in a criminal investigation

  There are several methods of inquiry that can be used in a criminal investigation. a. authority method- when an investigator relies on the observations and hypothesis derived totally from another source b.

• Design Strategies for Research Methodologies

  Retrieved from http://www.nyu.edu/classes/bkg/methods/005847ch1.pdf 2. Galt, Kimberly A. (Aug, 2009). Qualitative, Quantitative and Mixed Methods Approaches to Research and Inquiry.

• What procedures will be used to collect accounting evidence

  o Looking at JEs that appear out of pattern Inspection o Proves existence (review asset or documents) Observation o Watching process or procedure Inquiry o Interview knowledgeable people o Frequent procedure External confirmation o