Top Posters
Since Sunday
A
6
j
6
c
5
m
5
C
5
d
5
s
5
n
4
i
4
d
4
d
4
J
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Cadish Cadish
wrote...
Go to Answer
Posts: 694
Rep: 7 0
6 years ago
At a small practice where the bulk of the work is accounting, bookkeeping, and review engagements, what is an important procedure that should be followed by the PA to help ensure independence?
A) Management should be trained in accounting principles so that they can adequately assess the PAs work.
B) All transactions should be prepared and processed by client personnel.
C) Transactions and journal entries should be discussed with and approved by the client.
D) The accountant should avoid doing bookkeeping for review engagements, and restrict this to compilation engagements only.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
Read 93 times
2 Replies
Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
Replies
Answer verified by a subject expert
victroxvictrox
wrote...
#1
Posts: 445
Rep: 9 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Cadish Author
wrote...
#2
5 years ago
Great helper
Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  910 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 202
  
 307
  
 358
Your Opinion
What's your favorite math subject?
Votes: 315
Previous poll results: Which 'study break' activity do you find most distracting?