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    NYIT
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Category > Accounting Posted 12 May 2017 My Price 11.00

ACC 403 Week 9 Discussion

"Testing Methods" Please respond to the following:

·         According to the text, to minimize the risk of material misstatement, auditors seek third- party verification of account balances by mailing customers their statements. Discuss the advantages of positive and negative confirmations, and ascertain whether or not email and oral confirmations are acceptable to increase customer response rates. Support your position.

 

·         Discuss the difference between substantive test of transactions and substantive test of balances, and identify at least two (2) situations when an auditor should test account balances. Support your rationale with related examples of such circumstances.

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(3)
Status NEW Posted 12 May 2017 07:05 PM My Price 11.00

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file 1494622061-ACC403 Week 9 Discussion.docx preview (759 words )
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