Auditing Assignment Help by Professional Auditing Assignment Writing Experts

by Olivia Clibbo My Assignment Services

Auditing refers to providing third party assurance to various stakeholders that the subject matter is free from material misstatement.

It is a challenging job and understanding assignments pertaining to auditing is even more challenging.

Take a look at this sample question which clearly presents how technical auditing assignments are; (Please note, the follow is not the entire question and answer, but only a part of the entire question and answer.)

Question:

You are an audit manager with Clarke & Johnson (CJI). For the past years CJ has been the auditor of luxury Travel Holidays LTD (LTH), a travel company. Geoff, the audit partner, has asked you to contact Chris, LTH’s CEO, with a view to CJ being re-engaged as the auditor for the upcoming audit of the 30 June 2015 financial report.

Geoff has also indicated that intends to allocate Michael, a first-year accountant, and Annette, an accountant in CJ’s tax advisory department, to the LTH audit for the first time. Geoff suggested that you discuss the audit with each of these staff, with a view to identifying any independence issues. You held talks with Chris, Michael and Annette of these conversations were as follows:

 

1. Conversation with Chris, situation 1

Chris stated: ‘The board of directors were impressed with last year’s audit and would like to propose reappointing CJ as the auditor of the 30 June 2015 financial report audit. The board would also like to invite Geoff to give a speech about LTH at the next travel agency seminar, to assist in promoting LTH’s business to attract more investors.

I understand that this is outside CJ’s normal practice; however, the board expressed the view that it will be very difficult for LTH to continue any business engagements with CJ should Geoff refuse to provide such assistance’.

Answer:

In the given case, the client LTH has expressed its opinion to reappoint the auditor for audit in the current financial year. However, the client wants the audit firm to promote their business by giving a speech in a travel agency seminar for attracting more investors. The reappointment of the auditor is dependent upon his assistance to the client in promoting his business.

The facts of the case indicate that the independence of the auditor has been compromised in the given circumstances. As per Paragraph 290.158 if the auditor provides any non-assurance service to its client it has to be determined if the provision of such service would hamper the independence of the auditor. If the threat to independence cannot be reduced to an acceptable low level, the service would not be provided to the client.

As you might have noticed, the following sample has been written in a very professional manner. Since the assignments are so subject specific, availing auditing assignment writing services would be helpful to students.

A Good Audit Assignment

A good audit assignment has the following requisites:

§  The assignment shall be submitted in accordance to the assessment policy stated in the Subject Outline and Student Handbook.

§  Providing the necessary acknowledgements.

§  All the questions are answered in a lucid manner.

§  Appropriate citation of examples and proper referencing.

§  Technical style of writing.

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The Process

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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