Audit Essays Examples - Free Topics and Samples on Audit

Audit and Audit Strategies
Inherent risk during auditing refers to the risk that an important financial misstatement will happen and the management of the business or firm takes to measures to control it. A detection risk to an auditor refers to the risk that a material misstatement has occurred in the financial statements of a business or firm but the tests or procedures established by an auditor to detect and assess those risks have not been able to identify those material misstatements. Control risk, on the other hand, ...
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Strategic Audit
ID number: Strategic Audit Introduction Strategic audit is done by business organizations so as to draw a comparison between the present state of the business and what it would have been on staying aligned towards achieving its goals. The auditor performs the strategic audit in the form of written report that consists of evaluation of each of the functional areas of the organization and gives them individual rank on the basis of the alignment of these areas with the goal of the organization. Discussion ...
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Differences between a Financial Report Audit, an Environmental Audit and an Efficiency Audit
The paper "Differences between a Financial Report Audit, an Environmental Audit and an Efficiency Audit" is a good example of a finance and accounting assignment. Financial reports audit involve a close examination of the financial reports of an organization by an independent organization. The objective is to ascertain whether the presented annual reports represent the financial position of the company in a true and fair manner. The financial reports will include the: balance sheet, income statement, ...
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Audit Engagement Renewal
The paper 'Audit Engagement Renewal' is a good example of a Finance and Accounting Case Study. Planning for the audit commenced with the intention of giving an opinion on the financial platform of Woolworth limited. Materiality was determined through the assessment of the company’s assets and income from the financial statements. Risk assessment was done by evaluating the various industries that Woolworth is involved in and looking at the management integrity of the company from past involvements. ...
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Criticism against Statutory Audit, Distortion of Competition for Audit Markets
The paper 'Criticism against Statutory Audit, Distortion of Competition for Audit Markets" is an outstanding example of a finance and accounting coursework. The European Commission is of the view that the financial crisis in 2008 highlighted different shortcomings in the European audit system due to which some of the bigger financial institutions were provided clean audit reports despite having serious weakness in the intrinsic health of the institutions (Nanto, 2009). The lack of quality audit ...
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Framing Audit Failure
The paper 'Framing Audit Failure' is a great example of a Business Assignment. HIH royal commission (2003) was a result of the liquidation of the HIH insurance company in 2001. The company is based in Australia and according to the liquidators; the total losses amounted to $5.3 billion. Therefore, the prime minister then john Howard called for the need of a royal commission to establish the cause of HIH insurance collapse. The commission was headed by Justice Neville Owen and after much investigation ...
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Audit Quality In Australia
Audit Quality in AustraliaAudit quality in the point of view of an auditor is about the delivering of an appropriate, independent profession opinion on financial statements as evidence and objectives. Credibility and ethics play a pivotal role in the financial report and independent assessment process as highlighted by the global financial crisis (Abdullatif and Al-Khadash, 2010, p. 214). The nature of the global financial crisis and scope of the indefinite economic conditions have affected most ...
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Computer Assisted Audit Techniques
Auditing is an accounting process of evaluating a person, company, system, process, enterprise, product or project. This is done by a trained practitioner known as an auditor. The work done is called an audit. It can also be defined as the process of examining of financial statements in an organization.All this is done to test if there are frauds made with the accounting statements. Auditing now a days is made easy through the use of accounting software packages which include IDEA, APEX systematic, ...
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Planning An Audit
How to Go About Auditing TeswayAuditing is defined as: “The examination of records and documents and the securing of other evidence for one or more of the following purposes: (a) determining the propriety of proposed or completed transactions, (b) ascertaining whether all transactions have been recorded, (c) determining whether transactions are accurately recorded in the accounts and in the statements drawn from the accounts.” (Illinois State Board of Education, 2007)Before going on to audit the ...
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Sufficient and Appropriate Audit Evidence
The paper "Sufficient and Appropriate Audit Evidence" is a great example of an assignment on finance and accounting. Ethics in auditing distinguish the principles and expectations governing the auditor’s managerial behavior in auditing. Auditing principles transmit that the auditors are mandated to assume and sustain the cord of moral code of conduct as it provides significant study over auditor’s sovereignty, self-directive, and circumstance of disagreement on personal interest (Stephen ...
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Titans Macro-Environment Audit
The paper “Titan’s Macro-Environment Audit " is a cogent example of a case study on marketing. The company’s External Analysis begins with the learning of political and economic factors affecting the business. Indian watch market generates sales of almost 25 million units per annum. Due to a change in consumer perception of watches, the watch market is flooded with designer trendy watches. The sale of watches supports the economy. Social factorsWatch has emerged as fashion wear ...
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My Personal Skills Audit
The paper "My Personal Skills Audit" is a good example of finance and accounting coursework. I receive moral support from the family and see the importance of my current role as a student. I use course outlines to help me prioritize on what time to assign to one task and the resources that I need before I begin the task. Personal Skills Influencing FACTORS Hard work I am able to work on specified goals and prioritize tasks to achieve the goals. Perseverance I can set ...
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Telstra Website Audit
The paper "Telstra Website Audit" is an outstanding example of a marketing case study. The research strives to examine, audit and appraise the website of Telstra Corporation Limited (Telstra Corp) Australia, http://www.telstra.com.au/, with an objective of providing in-depth objective analysis and review of the website of the to determine its conformance to several metrics. In essence, the research focuses on auditing several features of the website such Usability, Content, Search Engine ...
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Audit Risks of a Company
The paper "Audit Risks of a Company" is a perfect example of a finance and accounting assignment. The company has not provided a complete list of the current assets in terms of audit accounts. Cash and cash equivalents are drawn as on a hypothetical basis. For example, cash and cash equivalents for the period ending on June 30, 2008, is 130 and the same has been reflected as 100. The calculations have been calculated for a period of eight months and the figures are drawn are approximately 2/3 of ...
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Marketing Audit of Netflix
The paper 'Marketing Audit of Netflix' is a great example of a Management Research Paper. Technological innovations and advancements have revolutionized the lives of human beings on a global scale. In addition, the technological revolution has caused a shift in the way that businesses operate in the present global marketplace. Companies such as Netflix have modeled their businesses in response to the technological revolution the poses numerous threats and opportunities to business enterprises. Netflix ...
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Audit Report Of Rip Curl
Audit Report of Rip CurlRip Curl is one of the greatest manufacturers of boardwear in Australia which was founded in 1969 by the ingenuity of the one Dough Warbrick with his long time friend Brian Singer (Ham 1). The company was first founded in Torquay, Victoria in Australia which was its headquarter at the time of its initiation into the Australian Market. In the early 1970s when it was first initiated into the market, Rip Curl was involved in the production of surfboards and towards the end of ...
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International Business Machines Strategy Audit
The paper "International Business Machines Strategy Audit" is a good example of marketing coursework. International Business Machines (IBM) remains a strong brand in the Information Technology industry. However, it is currently facing stiff competition, especially from multinationals. Although the analysis of the IBM strategy identified several strengths and opportunities of the company, it faces quite a high number of challenges. The increasing awareness in the use of new technology, expansion ...
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Market Audit Plan of Amazon
The paper "Market Audit Plan of Amazon" is an excellent example of a case study on marketing. Amazon.com has a foremost edge in the world of e-commerce. It has a tough competitive benefit. Conversely, like many online retailers, certain characteristics of doing business online create difficulties and need for marketing planning. This marketing plan comprises an environmental scan, current segment of the market, marketing strategies, customer behavioral patterns and recommendations in strategies. ...
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The Main Drivers of Audit Quality
The paper "The Main Drivers of Audit Quality" is a great example of an assignment o finance and accounting. Audit quality is a process that entails conveying independent and appropriate professional viewpoints on financial statements that are to be backed by objective judgments and necessary evidence. This is attained by acting in accordance with audit and ethical requirements in order to enhance objectivity, integrity, and professional competence when preparing financial statements (Bank for International ...
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McCain Frozen Pizza Marketing Audit
The paper "McCain Frozen Pizza Marketing Audit " is a perfect example of a marketing case study. The production that I chose to research on in this report is the McCain frozen pizza. This product is famous in Australia. This product is most liked and consumed in the Australian market. The product contains gluten, cereals and other ingredients which make it suitable in the Australian market (McCain frozen pizza 2013). The product is stored on ovens and becomes very hot when it is taken out of the ...
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