Research "Auditor's Discussion and Analysis (AD&A)”. Do you think AD&A is a good idea? Explain your reasoning.
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A: S will not bear the loss because there is an exception to res perit domino rule
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A: Purchase price = $190,000 Expected life = 12 years Salvage value = $5,000
Research "Auditor's Discussion and Analysis (AD&A)”.
Do you think AD&A is a good idea? Explain your reasoning.
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- Which one of the following qualities is most concerned with influencing users' decisions concerning the prediction of future events and the confirmation of past events? O A. Faithful representation OB. Understandability OC. Verifiability OD. Relevance (...)Comparing relevance and reliability, which information quality is most important? Support your answer with examples. Discuss fully.Help me answer this please. Auditing subject.
- 1 What sources of information can auditors use in connection with deciding whether to accept a newclient?Do you think operational audit is versatile / flexible? Discuss and cite examples“CVP analysis is both simple and simplistic. If you want realistic analysis to underpin your decisions, look beyond CVP analysis.” Do you agree? Explain.
- 2002/sTAudit risk modela. what it isb. where and when it is used by the auditor c. how it affects the work of the auditorδ. What are the components of the model and what do they mean?Please answer based on your knowledge.“Decision-usefulness approach focuses on the relevance of information being communicated.” Explain this statement.