Audit Case 7-40

Melewar Advertising Credits- The sample size that selected by the Pintas Jayas he arrs atomic wank along 18 too few, because the auditor exactly take 4 of the 1100 dot for direct tick. The reliability of ready are low because the auditor did non seek an news report for the differences. Some of the items selected by the auditors are not from the independence provider. The 8 items that test were supported by Pintas Jaya not from the external evidence. An subscript number of confirmations (four) were sent. The use of election procedures is probably acceptable. However, one creed was confirmed by telephone, earlier than by compose confirmation. Although the differences piece were immaterial, the auditors should have determined the understanding for the differences, and any errors should have been project to the population. Twenty additional ascribe were selected for exam. Whether this is a sufficient number is a matter of judgment, and depends on several fact ors. With a pretty small sample, it is critical that the items selected for interrogation adequately represent the population. The testing relied on internal documentation, which is poor to support the impute. The placing of the ad is insufficient evidence without supporting evidence from the vendor supporting the step-down in accounts payable.

Generasi Credits These attribute were confirmed by telephone, and were not supported by a written confirmation. The staff auditor was suspicious of the clients unwillingness to furnish written confirmation of the amounts, as rise as the clients changing explanati on of the spirit of the credits, merely di! d not make out additional testing to contract any doubts about the rigour of the credits. Berjaya Credits The auditor obtained an oral exam confirmation that these credits were not valid. The client indicated that the auditors information was incorrect, but would not allow the auditor to obtain written confirmation for these credits. In...If you want to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay