{"id":9346,"date":"2021-10-19T03:56:36","date_gmt":"2021-10-19T03:56:36","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/?p=9346"},"modified":"2021-10-19T03:56:36","modified_gmt":"2021-10-19T03:56:36","slug":"current-issues-in-auditing","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/current-issues-in-auditing\/","title":{"rendered":"Current Issues in Auditing"},"content":{"rendered":"<p>Read the case titled\u00a0<em>\u201cSatyam Fraud\u201d<\/em>\u00a0and answer the following questions. Your answer for each\u00a0<span class=\"textLayer--absolute\">of the three questions can be between 200 to 1000 words. The three parts must be clearly\u00a0identified in your answer (i.e., it cannot be just a single continuous answer without showing\u00a0where each part starts or ends). Please check for spelling and grammar errors prior to\u00a0submission.<\/span><\/p>\n<ol>\n<li><span class=\"textLayer--absolute\">What are the primary assertions related to cash?<\/span>\n<ul>\n<li><span class=\"textLayer--absolute\">What audit procedures are typically\u00a0performed to test these assertions?<\/span><\/li>\n<li><span class=\"textLayer--absolute\">In terms of the confirmation of cash balances, what\u00a0deficiencies can you identify in terms of the procedures followed in the Satyam engagement?<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span class=\"textLayer--absolute\">What are the primary assertions related to accounts receivable (A\/R) balances?<\/span>\n<ul>\n<li><span class=\"textLayer--absolute\">What is the\u00a0appropriate response to A\/R non-replies?<\/span><\/li>\n<\/ul>\n<\/li>\n<li><span class=\"textLayer--absolute\">Were the alternative procedures applied in an adequate fashion in the Satyam audit?<\/span>\n<ul>\n<li><span class=\"textLayer--absolute\">Why or\u00a0why not?<\/span><\/li>\n<li><span class=\"textLayer--absolute\">What would you have done differently?<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Read the case titled\u00a0\u201cSatyam Fraud\u201d\u00a0and answer the following questions. Your answer for each\u00a0of the three questions can be between 200 to 1000 words. The three parts must be clearly\u00a0identified in your answer (i.e., it cannot be just a single continuous answer without showing\u00a0where each part starts or ends). Please check for spelling and grammar errors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,3],"tags":[],"class_list":["post-9346","post","type-post","status-publish","format-standard","hentry","category-accounting","category-business"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/9346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=9346"}],"version-history":[{"count":3,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/9346\/revisions"}],"predecessor-version":[{"id":9350,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/9346\/revisions\/9350"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=9346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=9346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=9346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}