[19] An auditor is asked to reissue the report. The auditor is aware that an event subsequent to the date of the report has occurred that requires…

[19] An auditor is asked to reissue the report. The auditor is aware that an event subsequent to the date of the report has occurred that requires disclosure in, but not adjustment of, the statements. The auditor should

A.                Have the client provide a note captioned as follows: Event (Unaudited) Subsequent to the

Date of the Report of the Independent Auditor.

B.                Reissue the report as of the date of the subsequent event if no additional audit work is performed.

C.                Disregard the subsequent event.

D.                Dual date the report if no further audit work is performed.

[21] An auditor is reporting on comparative financial statements for 3 years. Which of the following statements is correct regarding written representations from management?

A.                The representation letter needs to address the prior-year’s financial statements not covered in the report.

B.                The representation letter needs to address only the most current year covered in the report.

C.                The representation letter needs to address only the 2 most recent years covered in the report.

D.                The representation letter needs to address all of the years being covered in the report.

[22] An auditor’s client has failed to comply with environmental regulations. If the client fails to take necessary remedial action, the auditor

A.                Should change his or her preliminary judgment about the risks of material misstatement.

B.                Should express an adverse opinion.

C.                May reconsider the reliability of the response to the letter of inquiry to the client’s legal counsel.

D.                May need to reassess management’s representations.

Show more

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Order your essay today and save 10% with the coupon code: best10