Examlex

Solved

Discuss an Auditor's Objectives in the Audit of Equity Accounts

question 16

Essay

Discuss an auditor's objectives in the audit of equity accounts. Describe appropriate
analytical procedures an auditor may apply to equity accounts.


Definitions:

Long-Term Environmental Forecasts

Predictions about how the broader environment, including social, technological, economic, environmental, and political trends, will change over a lengthy period and affect an organization.

Delphi Technique

A method of group communication and forecasting in which participants complete questionnaires in multiple rounds to reach a consensus.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone in the group and is used to generate a broad array of ideas or solutions.

Structural Equation Modelling Technique

A statistical methodology used for testing and estimating causal relationships using a combination of statistical data and qualitative causal assumptions.

Related Questions