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What are the significant in gathering evidence judgements made by auditors?
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What is debtors circularization?
Debtors' circularization represents an external source of evidence provided in support of the assertion of existence and to lesser extent, valuation and completeness with respect to debtors. It's a verification procedure where by trade debtors are contacted directly by the auditors to confirm their balances. It has become so extensive that auditors have now developed a standard format for the purpose. The fundamental reason for the usage of theses circularization is that its reliable audit evidence coming from an independent source and it's in documentary form.
What do auditors do?
An auditor specialises in examining and verifying a set of financial statements by reference to evidence (physical, oral, documentary, etc). When he/she are satisfied that the financial statements are true and fair, the auditor will issue a clean auditors' report; on the other hand, if the financial statements or the company are detected to show problems (e.g. show signs of fraudulent activity), the auditor's report will also make this clear.
What are the advantages of gathering audit evidence?
1. It gives credibility to a financial statement 2. Identifies potential problem 3. Organizes financial information
What is intangible evidence?
evidence in which you cant touch
How is the physical evidence in HSBC bank?
physical evidence in HSBC
What are the parts of scientific investigation?
The parts of scientific investigation are identifying a research question or problem, forming a hypothesis, gathering evidence, analyzing evidence.
What are the factors affecting auditors judgment?
Factors affecting auditors' judgment include experience, knowledge, cognitive biases, time pressure, client relationships, ethical considerations, and organizational culture. These factors can influence how auditors collect and interpret evidence, make decisions, and ultimately form their audit opinions.
How can blackmail be proved or disproved?
By the gathering of physical evidence which supports the allegation.
What is a seizing property which is used to commit a crime is called?
Gathering evidence.
Which of the following choices is an example of gathering evidence?
Empirical Evidence in gained through observation.
What is the least important consideration in the gathering of evidence at a crime?
Guilt of the suspect(s)
What does science do?
Science reveals answers to questions through the gathering of evidence and predictions.
What are the part of investigations?
The parts of scientific investigation are identifying a research question or problem, forming a hypothesis, gathering evidence, analyzing evidence.
What should writer consider when gathering evidence?
When gathering evidence, a writer should consider the credibility of the sources, the relevance of the information to the topic at hand, and the diversity of perspectives to present a well-rounded argument. It is also important to critically analyze the evidence to ensure it supports the writer's claims effectively.
What is an auditor?
An auditor is a professional that accumulates and evaluates evidence to report on the degree a company's assertions comply with an established set of procedures or standards (criteria). Use of the title certified public accountant (CPA) is regulated by state law and individuals using this designation must be licensed in the state they practice auditing. Each state has their own regulations for becoming a CPA. There are four primary types of auditors: certified public accounting firms, government accountability office auditors (GAO), internal auditors, and internal revenue agents.
Computer forensics analyzes computer systems in gathering potential legal evidence. Is this true or false?
Computer forensics analyzes computer systems in gathering potential legal evidence. This is a true statement is true is every single aspect.
Which should writers consider when gathering evidence?
When gathering evidence, writers should consider the credibility of their sources, the relevance of the evidence to their argument, and the balance of different perspectives to ensure a well-rounded presentation. It is important to prioritize quality over quantity and to critically evaluate the information gathered to support a strong and convincing argument.
