Instructions: (Please READ the instructions carefully and FOLLOW them)
– Students must include your details (Name, Student ID, CRN, Date of submission)
– Answer the ALL questions.
– DO NOT write the questions in the answer papers JUST write the question number.
– Assignments should be submitted in MS Word format
– Font should be Times New Roman with 14 points.
– You are required to work in this assignment individually. And DO NOT copy from others.
– You should submit the assignment via the Blackboard.
– Students who submit assignments after deadline, will get ZERO.
– DO NOT PUT images, you must TYPE answers.
– If you engaged in plagiarism, you will get ZERO marks in the assignment or course.
Questions:
1- While performing an audit what kind of observation an auditor should perform for the physical inventory count.
Explain relevant procedures in your own words and give examples?
2- Explain in detail the inherent risks factors are involved while assessing the risks for the intangible assets?
3- Clarify in detail what are substantive analytical procedures can be used in the audit of property, plant, and equipment?
4- Describe in detail the substantive analytical procedures can be used in auditing the income statements?
