24 Jul Instructions for Assignment. Assume you are working on a 12/31
Instructions for Assignment. Assume you are working on a 12/31 year-end audit. It is now March 31st and the 12/31 accounts receivable aging shows a large receivable that was outstanding on 12/31 for 120 days. Further, the client’s receivables are typically collected in less than 45. You anticipate that the client’s allowance for doubtful account should be increased and inform the client about your disposition. The client disagrees. Is there an alternative substantive procedure that you could perform that would provide convincing evidence that this balance is collectible? If so, explain. Resources Access and briefly review PCAOB Auditing Standards 2500 Audit Procedures for Certain Accounts or Disclosures, 2600 Special Topics, 2700 Auditor’s Responsibilities Regarding Supplemental and Other Information, and 2800 Concluding Audit Procedures to build your foundation knowledge of the activities related to audit procedures, consideration of the internal audit function, and management representations. Topics include balance sheet and income statement accounts, inventory, legal issues for the client, and the entity’s use of service organizations as they relate to the audit process.https://pcaobus.org/Standards/Auditing/Pages/ReorgStandards.aspx Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosureshttp://www.aicpa.org/Research/Standards/AuditAttest/DownloadableDocuments/AU-C-00540.pdfYou can also use google for extra resources. please make sure you reference all sources. this is APA format single space 400 words
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.