Writer Choice
41796Home work
1. Consider the following: You are opening a web based business to sell organic produce.
Required: Explain at least 5 of the internal control issues you face and suggest a way to ensure each issue is addressed.
DO NOT COPY ANYTHING FROM ANYWHERE. READ AND UNDERSTAND AND THEN WRITE.
This is a follow up question I missed to include when I sent in my order
2. Continue using the situation of the web based company of Week 6 HW. You are taking this company public and require an external audit by an SEC registered CPA firm.
Required: Identify each of the five types of test in an example explaining at least one step/ procedure; how it will be used and why it will be used in the audit.
These are the instructions from the professor and how she wants it to be answered and comments.Please answer it as described by end of business May 25th 2019
The Week 7 HW was not correctly completed in some cases. The task is to identify the 5 types of auditing tests. The first is Risk Assessment Tests which include assessment of the risk of material misstatement. The other 4 are types of further audit procedures used in response to the findings of the risk assessment. You are to explain one step in each of the 5 types of tests using the example of the web based organic produce retail company. Use the details of the company to explain a test including how it will be done and why it would be done.
The HW instructions are copied below. You may submit a revision through the end of Week 8 for consideration of 90% of the points not earned. I look forward to reading your revisions.
A number of you aced this question providing excellent descriptions and critical thinking earning the full 30 points. Well done.
Identify each of the five types of test in an example explaining at least one step/ procedure; how it will be used and why it will be used in the audit
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