Acct 3222 audit exam 1 - Study guides, Class notes & Summaries

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...

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...

LSU ACCT 3222 Laura Wiley - Chapter 1 Exam 1 Questions with Correct Answers any independent service that improves the quality of information (financial or non-financial) - answerAssurance Services What two other services fall under the umbrella of Assurance services? - answer1. Attestation Services 2. Audit Services Name the 4 other services of Assurance services: - answer1. Risk advisory services 2. Compliance with EPA standards 3. Website security 4. Data integrity independent CPA (...

LSU ACCT 3222 Laura Wiley - Chapter 1 Exam 1 Questions with Correct Answers any independent service that improves the quality of information (financial or non-financial) - answerAssurance Services What two other services fall under the umbrella of Assurance services? - answer1. Attestation Services 2. Audit Services Name the 4 other services of Assurance services: - answer1. Risk advisory services 2. Compliance with EPA standards 3. Website security 4. Data integrity independent CPA (...

ACCT 3222 Exam 1 Questions with Correct Answers 2024 To determine whether the reports prepared by the manager conform to the contract's provisions (reduces information risk) - answerWhat is the role of auditing? To collect sufficient appropriate evidence that management's assertions regarding the financial statements are correct - answerWhat is the main task of the auditor? transactions, account balances, and presentation & disclosure - answer3 aspects of information reflected in financ...

ACCT 3222-3, WILEY, LSU, EXAM 1 QUESTIONS WITH 100% CORRECT ANSWERS 2024

ACCT 3222 Exam 1 Questions with Correct Answers 2024 To determine whether the reports prepared by the manager conform to the contract's provisions (reduces information risk) - answerWhat is the role of auditing? To collect sufficient appropriate evidence that management's assertions regarding the financial statements are correct - answerWhat is the main task of the auditor? transactions, account balances, and presentation & disclosure - answer3 aspects of information reflected in financ...

ACCT 3222-3, Wiley, LSU, Exam 1

ACCT 3222-3, Wiley, LSU, Exam 1 With Best Solutions Audit Services -Correct Answer-services 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 Services -Correct...

ACCT 3222 Exam 1-Questions And Answers What is the role of auditing? -ANS-To determine whether the reports prepared by the manager conform to the contract's provisions (reduces information risk) What is the main task of the auditor? -ANS-To collect sufficient appropriate evidence that management's assertions regarding the financial statements are correct 3 aspects of information reflected in financial statements: -ANS-transactions, account balances, and presentation & disclosure thre...