Audit Case 7-40

Melewar Advertising Credits- The sample size that selected by the Pintas Jayas he arrs atomic subject 18 too few, because the attendee only(prenominal) take 4 of the 1100 dot for direct tick. The reliability of kick upstairs are low because the auditor did not seek an account for the differences. Some of the items selected by the auditors are not from the independence provider. The 8 items that test were supported by Pintas Jaya not from the external evidence. An low number of confirmations (four) were sent. The use of election procedures is probably acceptable. However, one consultation was confirmed by telephone, earlier than by written confirmation. Although the differences appoint were immaterial, the auditors should have determined the understanding for the differences, and any errors should have been intercommunicate to the population. Twenty additional ascribe were selected for exam. Whether this is a sufficient number is a matter of judgment, and d epends on several factors. With a passably small sample, it is critical that the items selected for scrutiny adequately represent the population. The testing relied on internal documentation, which is insufficient to support the impute. The placing of the ad is insufficient evidence without supporting evidence from the vendor supporting the reduction in accounts payable.

Generasi Credits These credit were confirmed by telephone, and were not supported by a written confirmation. The staff auditor was suspicious of the clients unwillingness to include written confirmation of the amounts, as rise as the clients chang ing explanation of the spirit of the credit! s, merely did not perpetrate additional testing to contract any doubts about the severeness of the credits. Berjaya Credits The auditor obtained an oral exam confirmation that these credits were not valid. The client indicated that the auditors information was incorrect, but would not allow the auditor to obtain written confirmation for these credits. In...If you want to realise a full essay, order it on our website: OrderCustomPaper.com

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