In this assignment, you will demonstrate your understanding of the necessary steps to complete an audit, as well as determine the appropriate audit opinion to issue.
Assignment 1: Completing the Audit
Just because the testing is done and the evidence is reviewed, that does not mean that the audit is complete.
In this assignment, you will demonstrate your understanding of the necessary steps to complete an audit, as well as determine the appropriate audit opinion to issue.
The questions listed below are found in Chapters 16 and 17 of Principles of Auditing. Answer the questions and submit your work to the instructor as outlined below.
Checklist:
Respond to the following Questions
Chapter 16
Question Requiring Analysis: 16-31
Question Requiring Analysis: 16-35
Chapter 17
Question Requiring Analysis: 17-24
Objective Question: 17-26
Please review the complete assignment details and rubric.
Assignment 2: Payroll Functions
Provide an original and substantive response to the questions posed in your assignment in a minimum of 200 words. Please review the complete assignment details and rubric
In learning about auditing various company operations, you read about payroll as another area that is subject to fraud and errors.
Choose any of the payroll functions, such as timekeeping, entering new employees, issuing payroll checks, etc.
Create a written narrative that describes your chosen process in terms of:
transactions processed,
employees and the tasks they perform,
documents prepared,
records maintained,
and the segregation of duties.
Answer preview In this assignment, you will demonstrate your understanding of the necessary steps to complete an audit, as well as determine the appropriate audit opinion to issue.
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