Acct 3222 3 - Study guides, Class notes & Summaries

ACCT 3222-3, Wiley, LSU, Exam 1 Questions with 100% Correct Answers 2024 Audit Services - answerservices by an independent CPA that provide financial statement users with (1) an opinion on whether the financial statements are presented fairly, in all material respects, in accordance with an applicable financial reporting framework and (2) an opinion on the effectiveness of ICFR, which enhance the degree of confidence that intended users can place in the financial statements Attestation Se...

ACCT 3222-3,WILLEY, EXAM 1 QUESTIONS WITH WELL ANSWERED ANSWERS ALREADY GRADED A+

ACCT 3222-3, Wiley, LSU, Exam 1 Questions with 100% Correct Answers 2024 Audit Services - answerservices by an independent CPA that provide financial statement users with (1) an opinion on whether the financial statements are presented fairly, in all material respects, in accordance with an applicable financial reporting framework and (2) an opinion on the effectiveness of ICFR, which enhance the degree of confidence that intended users can place in the financial statements Attestation Se...

ACCT 3222-3, Wiley, LSU, Exam 1| 270 QUESTIONS| WITH COMPLETE SOLUTIONS

LSU ACCT 3222 Chpt 12 & 13 - Final Exam with complete solutions. What assertion is most important in auditing payables and liabilities? ️ completeness What assertion is tested when performing initial procedures for A/P balances? ️ valuation 4 initial procedures for A/P ️ 1. agree BB to PY 2. obtain A/P TB 3. scan for unusual transactions 4. agree sub ledger to GL In auditing which accounts are substantive procedures optional? ️ payables/ liabilities CASH (not meaningful bc of...

LSU ACCT 3222 Laura Wiley - Chapter 1 Exam 1 Questions With 100% Correct Answers 2024. any independent service that improves the quality of information (financial or non-financial) Assurance Services What two other services fall under the umbrella of Assurance services? 1. Attestation Services 2. Audit Services Name the 4 other services of Assurance services: 1. Risk advisory services 2. Compliance with EPA standards 3. Website security 4. Data integrity independent CPA (or practiti...

CPAs are the only _________ accounting professionals in the US and the ________ are issued at the ____________ level - Answer Licensed accounting professionals in the US. Licenses are issued at the state level, not federal A state board of accountancy will only issue - Answer a licence to practice after all three Es have been earned CPA Es - Answer Education, Exam, and Experience

LSU ACCT 3222 Chp 12 & 13 - Final Exam Questions and Answers with Complete Solutions 100% Correct | 2024 What assertion is most important in auditing payables and liabilities? completeness What assertion is tested when performing initial procedures for A/P balances? valuation 4 initial procedures for A/P 1. agree BB to PY 2. obtain A/P TB 3. scan for unusual transactions 4. agree sub ledger to GL In auditing which accounts are substantive procedures optional? payables/ liabilities ...

ACCT 3222 Exam 2 Questions with Correct Answers 2024 What are the 2 categories of assertions? - answer1. Transactions & Events & Related Disclosures [ Income statement] 2. Accouont Balances & Related Disclosures [Balance Sheet] Transactions and events and related disclosures - answerCPA COP Completeness Proper Period Cutoff Accuracy Classification Occurrence Presentation Account Balances and Related Disclosures - answerCARE PC Completeness Accuracy Rights and Oblig Existence Pre...

Acct 3222 - Exam 2 Questions with 100% Correct Answers 2024 Ethics - answerSystem or code of conduct that indicate how to interact with others Professionalism - answerconduct, aims, or qualities that characterize a profession or professional person Theories of Ethical Behavior - answer-Utilitarianism -Rights Based -Justice Based Utilitariamism - answerdecision making is a trade-off between benefits and burdens of alt actions and those affected Rights-Based - answerduty to respect other...