Audit Assertions Prepaid Expenses

City Of Ottawa
Members of the Audit, Budget and Finance Committee October 9, 2009 related to the relevant assertions of significant accounts ►Prepaid expenses Our intention based on our planning, ... Document Retrieval

Annual Financial Report
Audit and, accordingly, process, summarize and report financial data consistent with the assertions of management in the financial statements. Prepaid expenses generally represent the cost of consumable supplies on hand or unexpired ... Retrieve Doc

Failures Of Legitimate Businesses - Portland State University ...
Overview of the Financial Statement Audit . Learning Check The five categories of management's financial statement assertions are (1) existence or occurrence, (2) completeness, (3) such as the risk of misallocating prepaid expenses. ... Read Full Source

Heritage National Healthplan, Inc. TennCare Operations For ...
Purpose of our examination is to render an opinion on the MCOs’ assertions that they have equipment, and prepaid expenses are not included in the determination of plan assets and are reduced from equity Audit for 1997 revenues and expenses will affect the reporting of the TennCare ... Fetch Full Source

Principles Of International Auditing - Welkom Bij Pentagan ...
Identify Financial Statement Assertions and audit objectives; Identify Relevant Controls; prepaid expenses, and taxation. L. OTHER MATTERS. Other matters are a round-up of miscellaneous matters including illegal and questionable acts, management letter, summary of audit differences, ... Retrieve Here

Chapter 1
Four assertions are Cutoff Classification Existence Rights and Obligations Valuation and Allocation Disclosure Issues LO# 9 Evaluating the Audit Times New Roman Verdana Wingdings Book Antiqua Cliff Microsoft Office Excel Worksheet Chapter 14 Auditing Prepaid Expenses ... Fetch This Document

GARY WALTRIP, CPA STANDARD AUDIT PROGRAM FOR HOMEOWNERS ...
Statement assertions that are to be tested. PLANNING THE AUDIT ENGAGEMENT Audit Objective: To identify the general ledger or similar record that other prepaid expenses, and reconcile with general ledger. ... Visit Document

Chapter
Secured location Performance reviews Compare purchases data to data from previous years or expected purchases data 8-* Audit Evidence in Management Reports and Procedures Exhibit 8.5 Assertions about account Accrued Liabilities and Prepaid Expenses Income ... Retrieve Content

Chapter
Explain the importance of the completeness assertion for the audit of payable trial balance Purchases journal Fixed asset reports Substantive Procedures Exhibit 8.5 Assertions about account Other Accounts in Cycle Prepaid Expenses Accrued Liabilities Expenses Inventory ... Fetch Full Source

Auditing Manual For Audit Firms In Mongolia (Volume I)
AP 20 Audit Program for Prepaid Expenses and Other Assets AP 25 Audit Program for Investments evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and ... Get Doc

Going Concern - Wikipedia, The Free Encyclopedia
The going concern principle allows the company to defer some of its prepaid expenses until future application of auditing procedures planned and performed to achieve audit objectives that are related to management's assertions embodied in the In performing audit procedures such as ... Read Article

Chapter 10
The Completeness Assertion When considering assertions and obtaining evidence about Audit Program for Accounts Payable Audit Program for Prepaid, Deferred, and Accrued Expenses EDI Systems and Accounts Audit Program for Accounts Payable Audit Program for Prepaid, ... Return Document

CHAPTER 8
Depreciation). Some expenses should be examined separately because of their unique nature (e.g. legal expenses or miscellaneous expense). 8.44 Property and Equipment Assertions and Substantive Audit Procedures. 1. May omit if students assume the charge was made to prepaid rent. ... Content Retrieval

John Deere Health Plan, Inc. For The Period January 1, 1998 ...
“Audit Highlights” is a summary of the audit report. examination is to render an opinion on the MCOs’ assertions that they have complied with certain and prepaid expenses are not included in the determination of plan assets and are reduced from equity. At December 31, ... Fetch Document

Chapter
Exhibit 8.2 Expenditure Control Procedures Assertions of Classes of Audit Evidence in Management Reports and Data Files Open Purchase Other Accounts in Cycle Accrued Expenses Prepaid Expenses Expenses Inventory Property Plant and Equipment Accrued Payables Major ... Return Doc

Higheredbcs.wiley.com
Examples of Tests of Details of Balances Learning Objective #6 Chapter 12-42 EXHIBIT 12-8 AUDIT OF PREPAID EXPENSES AND ACCRUED LIABILITIES Learning Objective #7 Chapter 12-43 AUDIT OF PREPAID EXPENSES AND ACCRUED Apply the assertions, controls, and audit tests for purchase and payment ... View Doc

Annual Financial Report
Our audit was conducted for the purpose of forming an opinion on the financial statements of the Arkansas consistent with the assertions of management in the financial statements. Prepaid expenses generally represent the cost of consumable supplies on hand or ... Fetch Here