37. Name the stages of the finance cycle
______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
38. In auditing the finance cycle, what type of procedures do
auditors use more so than testing and relying on controls?
Why?
________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
39. Under the new PCAOB reporting standard, what is the auditor
now required to disclose regarding its relationship with its
client?
____________________________________________________________________________________________________________________________________________________________
40. With long term debt, auditors are most concerned with the
assertion of ___________________ because
____________________________________________________________________________________________________________________________________________________________
41. Auditors rely on written management representation letters,
in part,...