For financial statement audits, generally accepted government auditing standards (GAGS) incorporate the Statements on Auditing Standards (SAS) that are issued by the AICPA. GAGAS prescribe additional standards on:
1. direct reporting of illegal acts
2. reporting on internal controls

Answers

Answer 1

For financial statement audits, generally accepted government auditing standards (GAGAS) incorporate the Statements on Auditing Standards (SAS) that are issued by the AICPA.

GAGAS prescribe additional standards on:

1. Direct reporting of illegal acts
2. Reporting on internal controls

In regards to direct reporting of illegal acts, GAGAS require the auditor to disclose any information that suggests an illegal act has been, or is being, committed by the client or its employees. This disclosure should be made regardless of whether or not the auditor believes the act to be material.

Regarding reporting on internal controls, GAGAS require the auditor to provide a detailed report of the system of internal control, evaluate the adequacy of the control environment, and determine whether the control activities are functioning as designed.

To know more about financial statement click on below link:

https://brainly.com/question/14951563#

#SPJ11


Related Questions

Dash convinces Esmé to enter into a contract for the purchase of a Falafel Waffle Food Cart by knowingly misrepresenting a number of material features about the facility and the business. Most likely, Esmé can rescind the contract on the basis of

Answers

Answer: fraudulent misinterpretation

Explanation:

Fraudulent misrepresentation occurs when a person is tricked into an agreement through the use of false statements or lies. The misrepresentation can be through gestures, spoken words, written words or through silence.

In this case, we are informed that Dash convinces Esmé to enter into a contract to buy a Falafel Waffle Food Cart by knowingly misrepresenting a number of material features about the facility and the business.

Esmé can rescind the contract on the basis of fraudulent misinterpretation.

What can Congress do in relation to other countries?

Answers

The Senate may advise and approve the ratification on treaties that the president has negotiated and consented to, according to Section 2, part 2 of the Constitution.

What does the government's Congress do?

The congressional branch of the United States government, known as Congress, is responsible for enacting laws on behalf of the American people. It shares authority with the president-led executive branch and the United States Supreme Court States, the branch's highest court.

What are the three basic responsibilities of Congress?

Members perform constituent care, legislative, inspection, and investigation tasks in a variety of congressional settings. In the streets of new york, Members act as guardians of the interests of the country as well as ambassadors for the opinions and requirements of their people.

To know more about Congress visit:

https://brainly.com/question/2063003

#SPJ4

Binding versus Persuasive Authority. A county court in Illinois is deciding a case involving an issue that has never been addressed before in that state’s courts. The Iowa Supreme Court, however, recently decided a case involving a very similar fact pattern. Is the Illinois court obligated to follow the Iowa Supreme Court’s decision on the issue? If the United States Supreme Court had decided a similar case, would that decision be binding on the Illinois court? Explain. (See The Common Law.)

Answers

Answer:yes it would be

Explanation:

define the criminal justice system

Answers

Answer:

"What is Criminal Justice?

Explanation:

criminal justice can be defined as a system through which crimes and criminal are identified, apprehend, judge and punished

Criminal justice is the system that prescribes the fate of the criminal. It is also the system that provides recompense to the victim under the rule of law. Criminal justice seeks to deter future crimes by creating penalties for criminal conduct and rehabilitate criminals through incarceration.

What is the difference between the due process protections in the fifth amendment and the fourteenth.

Answers

A court oversees 5th Amendment's concept of due process. As per 14th Amendment, citizens have right to restrict government's ability to meddle in their personal matters.

Personal matters such as their right to free speech or their ability to own property, unless doing so would violate the law. The Due Process Clause of the Fifth Amendment demands equal protection from the federal government. The Equal Protection Clause of the Fourteenth Amendment mandates that states implement equal protection.

The Fifth Amendment's Equal Protection Clause, which exclusively limits the federal government, and the Fourteenth Amendment's Due Process Clause are identical. No one may be "deprived of life, freedom, or possessions sans due process of law," according to the constitution. "Due process" typically refers to impartial procedures.

To know more about Due Process Clause:

brainly.com/question/10386265

#SPJ4

a tortious contract calls for an action t contrary to public policy is illegal but not unenforceable. (True or False)

Answers

The given statement, "A tortious contract calls for an action contrary to public policy is illegal but not unenforceable" is true because The defendant possesses the necessary purpose to persuade the third party to violate the plaintiff's contract.

A common law tort that frequently manifests itself in commercial disputes when one party violates the terms of a contract or disrupts a business partnership. The majority of legal systems allow distinct claims for maliciously interfering with commercial ties and contracts. Other categories of tortious interference claims, such those involving an anticipated inheritance, are also recognized by some countries.

When a defendant purposefully persuades or induces a third party to violate its contract with the plaintiff, causing damages to the plaintiff, this is known as tortious interference with contract. The claim is also known as tortious or deliberate interference with a contractual relationship or contract rights in some jurisdictions.  

Learn more about Tort here:  

https://brainly.com/question/28213050

#SPJ4

196. Is it OK to park in a tunnel or on a bridge?
Vos

Answers

Answer:

Never park, leave, or abandon your car on a railroad track or within 7-1⁄2 feet of one. Never park, leave or abandon your car on a bridge or in a tunnel.

Alternative dispute resolution is _____. (Select all that apply.)
a way to avoid having to resolve a dispute
a way to use a neutral third party instead of a judge
a way to help parties in a dispute come to agreement
a way to resolve a dispute without going to court

Answers

A way to resolve a dispute without going to court

Answer:

Its B and D

Explanation:

The term alternative dispute resolution (ADR) means any procedure, agreed to by the parties of a dispute, in which they use the services of a neutral party to assist them in reaching agreement and avoiding litigation. (litigation means legal action)

Write a two- to three-paragraph essay in which you compare and contrast the structure and function of the national government with the structure and function of New Hampshire's/States government. Use what you’ve learned about the national government and do research to find out more about your state government. Include the following in your essay:

The structure of national and state government

The functions of national and state government

The distribution of power between national and state government, including the purpose of Article IV, Section 4 of the US Constitution

Current state leaders and the roles and functions they perform within state government

Answers

National and state governments have similar structures and functions,with power distribution   defined by the U.S. Constitution.

The Essay

The national government   and New Hampshire's state government share a three-branch structure,with executive, legislative, and judicial branches.

They have distinct functions,such as law enforcement, lawmaking, and law interpretation. Power distribution   is defined by the U.S. Constitution, including Article IV, Section 4,which guarantees a republican form of government in each state.

New Hampshire's current   state leaders, including the Governor,perform crucial roles in executing state laws and managing government affairs.

Learn more about structure of government at:

https://brainly.com/question/22236084

#SPJ1

The police are investigating a crime that occurred at Shoprite. They find a red umbrella in the store where a man was assaulted by an unknown person. Three blocks away from Shoprite, investigators find a wallet with the same fingerprints on them as the umbrella. The place where the umbrella was found is called the...

A) Primary Crime Scene
B) Secondary Crime scene
C) Tertiary Crime scene
D) Accomplice

Answers

primary Crime scene because the criminal escaped

An officer grabs a reluctant suspect by the arm and escorts the suspect to the police
vehicle. In the use of force continuum, this is an example of
non-verbal
command
hard hand
soft hand

Answers

Answer:

hard hand

Explanation:

a person who forges a check can be held personally liable for payment by a holder in due course.T/F

Answers

True, When a person forges a check, they are creating a counterfeit version of the original check, and this act is illegal.

If the forged check is presented to a holder in due course, who is an individual that receives the check for value, in good faith, and without notice of any defects or claims, then the forger can be held personally liable for payment.

This means that the forger will have to pay the holder in due course the full amount of the check, plus any additional damages that may have been incurred as a result of the forgery.

It is important to note that forgery is a serious crime that can result in severe legal consequences, including imprisonment and fines, and it is never advisable to engage in such illegal activities.

To know more about forgery visit:

https://brainly.com/question/30820312

#SPJ11

if leaguesharp allowed its users to see lol players' information, what laws would it be violating?

Answers

The answer is riot games

If you caught an employee stealing one dollar’s worth of office supplies, what would you do? What about twenty-five dollars’ worth of supplies? One hundred dollars’? One thousand? Should employees be trained not to even take a pencil home? Would that type of training be worth the cost of the training itself?

Answers

Answer:

it's to hard to explain but why he is stealing stealing is not good he must be perfect on job and yes it cost of the training itself

Can words or terms in contracts that are subject to more than one reasonable interpretation lead to mistakes?

Answers

Yes, words or terms in contracts that are subject to more than one reasonable interpretation can lead to mistakes.

When a contract is ambiguous or unclear, it may result in one or both parties misunderstanding the terms of the agreement. This can lead to disputes or litigation down the line, which can be costly and time-consuming for all involved. It is important for contracts to be written in clear and unambiguous language to avoid any misunderstandings or mistakes.

Words or terms in contracts that are subject to more than one reasonable interpretation can indeed lead to mistakes. This is because when a contract contains ambiguous language or vague terms, it can be difficult for the parties involved to fully understand their rights and obligations under the agreement. This can lead to misunderstandings, disputes, and even litigation.

Learn more about interpretation here:

https://brainly.com/question/30932003

#SPJ11

kindly create a statement responding to this letter and be sure to answer using legal terms (such as regarding to fraud and whatever legal concept and explanation)

As you may recall, Stella Torres, a customer, wants to sue us for two situations from this past October. In the first instance, Torres discovered that my statement to her that the Waterproof Gazebo she was purchasing would “stop a snow blizzard in June” was meant merely as a joke and now she wants to sue us for intentionally lying to her about an important fact regarding the gazebo. Considering that everyone knows that these gazebos were never intended for use in winter/snow and that how was I supposed to know it would snow in June I do not think we are in danger of liability for such a lie are we?


Thank You!!

no random answers.

Answers

In response to Ms. Torres' letter, we would like to state that we do not believe that we are legally liable for the statement made in October regarding the Waterproof Gazebo.

What is legally?

Legally is defined as something that is in accordance with the laws, regulations, and rules established by a governing body. Legality is determined by the governing body, which may be a government, a court of law, or some other authority. Legality is important because it ensures that people, entities, and organizations are held accountable to the laws that govern them.

This statement was made in a joking manner and was never intended to be taken as a serious representation of the gazebo's capabilities. Furthermore, it is well known that these gazebos are not designed for use in winter or snow, and it would have been impossible to predict that it would snow in June. As such, we do not believe that a claim of fraud is applicable in this situation.

To learn more about legally

https://brainly.com/question/28340480

#SPJ1

Critical analyze the significance, jurisdiction and functions of Punjab Mohtasib (Ombudsman) and suggest ways and means by which that office may become instrumental to providing substantial justice to the common man.

Answers

Answer:

1) The Ombudsman may on a complaint by any aggrieved person, on a reference by the Government or the Provincial Assembly, or on a motion of the Supreme Court or the High Court made during the course of any proceedings before it or of his own motion, undertake any investigation into any allegation of maladministration on the part of any Agency or any of its officers or employees:

Provided that the Ombudsman shall not have any jurisdiction to investigate or inquire into any matters which:-

(a) are subjudice before a Court of competent jurisdiction on the date of the receipt of a complaint, reference or motion by him or

(b) relate to the external affairs of Pakistan or the relations or dealings of Pakistan with any foreign state or Government; or

(c) relate to, or are connected with, the defence of Pakistan or any part thereof, the Military, Naval and Air Forces of Pakistan, or the matters covered by the laws relating to those forces.

(2) Notwithstanding anything contained in subsection (1), the Ombudsman shall not entertain for investigation any complaint by or on behalf of a public servant or functionary concerning any matters relating to the Agency in which he is, or has been, working, in respect of any personal grievance relating to his service therein.

(3) For carrying out the objectives of this Act and, in particular for ascertaining the root causes of corrupt practices and injustice, the Ombudsman may arrange for studies to be made or research to be conducted and may recommend appropriate steps for their eradication.

Functions

The law empowers the Ombudsman Punjab to entertain complaints against any department, commission or office of the Provincial Government or a statutory corporation or other institution established or controlled by the Provincial Government but does not include the High Court and the Courts working under the supervision of High Court and Provincial Assembly and its Secretariat.

Under section 9(1) of the Act the Ombudsman on a complaint of any aggrieved person, on a reference by the Government or the Provincial Assembly or on a motion of Supreme Court or the High Court or on his own motion (suo moto) can undertake any investigation into any allegation of ‘maladministration’ on the part of any agency or its officers or employees.

The Ombudsman, however, has no jurisdiction to investigate or enquire into matters which are (a) subjudice before a court of competent jurisdiction (b) relates to the external relations of Pakistan or connected with defence of Pakistan or Military, Naval and Air Force of Pakistan or the matters covered by the laws relating to these Forces. The Ombudsman also cannot entertain for investigation any complaint by or on behalf of a public servant or functionary concerning any matter relating to the agency in which the public servant has been or is working in respect of any personal grievance or relating to his service therein.

Powers

Ombudsman has the same powers as are vested in a Civil Court under the code of civil procedure for summoning and enforcing the attendance of any person; compelling the production of documents; receiving evidence on affidavits and issuing commission for examination of witnesses. The Ombudsman is vested with the powers to enter and search any premises and inspect any article, books of account and other documents; impound and seal such article. The Ombudsman has the same powers, mutatis mutandis, as the High Court has to punish any person for its contempt.

the rights of citizens under the fourth and fourteenth amendment

Answers

Citizens are protected from unreasonable government searches and seizures under the Fourth Amendment to the United States Constitution. It specifies that "the right to safeguard individuals, houses, documents and property against unlawful search and seizure will not be breached and no arrest warrant shall be granted unless there are supposed grounds supported by oath or affirmation."

On the other hand, the Fourteenth Amendment extends the protection of the Bill of Rights, including the Fourth Amendment, to states and their subdivisions. Enforce a limitation on any citizen's privileges or immunities so that no state deprives any individual of life, liberty, or property without due process of law or refuses the same protection to any person under its jurisdiction's legislation.

In effect, this implies that citizens have the right to be protected from unreasonable searches and seizures by state, municipal, and federal law enforcement authorities, as well as the right to due process and equality under the law. It also implies that evidence gathered illegally through searches, and seizures cannot be utilized in court.

Learn more about The fourth and fourteenth amendment here: https://brainly.com/question/19959863

#SPJ4

Thief catchers were hired during the
crime wave in England during the 18th
and 19th centuries and were identified
as:

Answers

Answer: "Social climbers" and "rent a cops".

Also, Use Quizlet for these questions. They have tons of answers!

People and Families is the systems theory used to understand people, their families, and their dynamics.true or false

Answers

Answer:

True

Explanation:

This theory allows one to understand the organizational complexity of families, as well as the interactive patterns that guide family interactions. In order to understand a family system, we must look at the family as a whole and observe how they interact with each other to maintain homeostasis.

What are some collages that yah recommend that majored in law ?

Answers

Answer:

Law school is expensive, but if you have scholarship, it won't be a problem. Here is some good law schools. (Beware, they may be expensive.)

Stanford University.Harvard.Duke University.

All have some sort of law included.

I hope this helped at all.

Assume that the U.S. Congress has passed a federal statute that is in conflict with a Wisconsin state constitutional provision. The state of Wisconsin argues that the constitutional provision should prevail over the statute because constitutions are a higher, more authoritative kind of law than statutes. Is this argument correct

Answers

Answer: It is not.

Explanation:

The U.S. Constitution has a clause known as the Supremacy Clause that places the Constitution of the United States as well as all Federal law that are not in violation of the Constitution above State laws and Constitutions.

This is why Federal Voting rights were able to prevail over the State Constitutions in the South after the Civil War.  

For this reason, the Federal Statute enacted by Congress will take precedence over the Wisconsin State Constitutional Provision.

the powers of the united states congress were outlined in which constitutional article?

Answers

The powers of the United States Congress are implemented by the United States Constitution, which is defined by Supreme Court rulings, as well as by its own efforts and other factors such as history and custom.  It is the United States' primary legislative body.

        Among the specific powers granted to Congress in Article I Section 8 are the following:1. To lay and collect taxes, duties, imposts, and excises, to pay debts, and to provide for the common defense and general welfare of the United States; provided, however, that all duties, imposts, and excises be uniform throughout the United States;;2. Borrow money on the credit of the United States;3. Regulate commerce with foreign nations, among states, and with Native American tribes; 4. To establish a uniform naturalization rule and uniform bankruptcy laws throughout the United States;One hundred thousand dollars.Congress has the power of the purse, which allows it to tax citizens, spend money, and authorize the printing of currency like this $100,000 bill.5. To coin money, regulate its value and that of foreign coin, and to establish a standard of weights and measures.

To learn more about Congress:

https://brainly.com/question/28542291

#SPJ4

Amella, aged 21, is on trial for polsoning her small Infant. The case has made the news and most people in the town already know about it.
Trying to find anyone who will be sympathetic to Amelia is going to be difficult. What prospective Juror might the prosecution use a preemptory
challenge on?
OA. a 34-year-old mother of one who underwent fertility treatments to concelve.
OB. a 64-year-old grandmother of seven who lives with her grown son.
OC. a 28-year-old firefighter who has three children of his own.
OD. a 36-year-old mother of two who admitted to suffering from postpartum depression.
No

Answers

Answer:

OD

Explanation:

A person that has mental health issues might be able to understand what the mother is going through?

A woman with same mental health can understand Amelia on that base prospective Juror might the prosecution use a preemptory challenge on . Hence option D is Correct.

In what fact Amelia can proof herself innocent ?

Many women experience postpartum depression (commonly known as PPD), which is a medical disorder. After giving delivery, there are intense emotions of sadness, anxiety (concern), and exhaustion that persist for a long time. You may find it challenging to care for both you and your infant as a result of these feelings.

After giving birth, most new mothers endure postpartum "baby blues," which frequently include mood changes, crying bouts, anxiety, and trouble sleeping. The first two to three days after delivery are usually when baby blues start, and they can last for up to two weeks.

By the above fact  prosecution use a preemptory challenge

Learn more about  Case Study here

https://brainly.com/question/27035549

# SPJ 2

describe two ways in which congress ensures that federal agencies follow legislative intent

Answers

The two ways in which Congress ensures that federal agencies follow legislative intent are budgetary and oversight and Investigation agencies

1. Budgetary Control: Congress controls the budgetary process in the United States, which gives it significant power over federal agencies. Congress can decide how much money each agency receives, how the funds are distributed, and how they are spent. By using budgetary controls, Congress can force agencies to comply with legislative intent. For example, if Congress believes an agency is not following legislative intent, it can reduce the agency's budget, limiting its ability to perform certain functions.

2. Oversight and Investigation: Congress has the power to oversee and investigate federal agencies, ensuring that they follow legislative intent. It can hold hearings, demand documents, and call agency officials to testify. By using these tools, Congress can identify areas where agencies are not complying with legislative intent and take corrective action. Oversight and investigation can also help identify areas where legislative intent is unclear or ambiguous, allowing Congress to clarify the law and ensure that agencies understand their obligations.

You can learn more about Congress at: https://brainly.com/question/31333444

#SPJ11

In the U.S. over 2 million people are injurand around 33,000 people are killed in traffic collisions ________.

1) everyday
2) each year
3) by not wearing seat belts
4) involving alcohol

Answers

Answer:

each year

Explanation:

please mark me as brainliest

Answer:

Each year.

Explanation:

Class or individual Evidence?
Evidence Example: A note was found at a crime scene. A notepad with a similar type of paper was found in the desk of a suspect. Is the note be individual or
class evidence to the pad of paper?

A) class evidence

B) individual evidence

Answers

Answer:

B

Explanation:

Individual characteristics can be identified as Individual characteristics can be identified as

having originated with a particular person or having originated with a particular person or

source

hope this helps

B is the answer to this

3. What events caused
the expansion of
national power in the
twentieth century?

Answers

Answer:

the Southern states had tried to secede from the united states due to disagreements on slavery in the stated which then let to one of the biggest events which was the civil war.

Explanation:

To interpret the meaning of the Constitution____________ is used. (а) Constituent Assembly Amendment(b) Constituent Assembly Meetings(c) Constituent Assembly Debates(d) None of the above

Answers

Answer:

c number Constituent Assembly Meetings

As an early childhood education caregiver, what would be a challenge of working with a helicopter parent

Answers

Answer:

As a caregiver you can't always do that because you are busy with other children but you can tell the parent that you can give them a review at the end of the day when they will pick up their child.

hope this helps!

Other Questions
Water is a polar molecule that exhibits the properties of adhesion and cohesion. Identify the examples as either cohesion, adhesion, or both. Cohesion Both cohesion and adhesion Adhesion Water forms drops of rain in the air as a result of surface tension. Blood flows up a narrow tube as a nurse Water sticks to the cell walls of plants. collects a blood sample. Water forms into a drop on a leaf and hangs down, but it does not drop. A high degree of match between the capacity to provide the program or service and the demand for the program or service minimizes _________________ and the need for a wait list. three of the following statements are characteristics of working memory. which one is not a characteristic of working memory company sales records, commercial databases, newspaper announcements, and public records are all sources used for david needleman estimates the fair market value of his law practice including the small building in which it is located, at $2.8 million. he would like to structure a transfer of his law practice and the building to his son tom in a manner that tom could cope with financially and that would provide dave with a retirement income stream. which of the following transfer mechanisms are best for accomplishing this objective? every nonzero real number has a reciprocal. zero does not have a reciprocal. therefore, zero is not a nonzero real number In 2024, DFS Medical Supply collected rent revenue for 2025 tenant occupancy. For income tax reporting, the rent is taxed when collected. For financial statement reporting, the rent is recorded as deferred revenue and then recognized as revenue in the period tenants occupy the rental property. The deferred portion of the rent collected in 2024 amounted to$490,000at December 31,2024 . DFS had no temporary differences at the beginning of the year. Required: Assuming an income tax rate of25%and 2024 income tax payable of$940,000, prepare the journal entry to record income taxes for2024.Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Note: Enter debits before credits. can anyone help with the adjectif qualificatif et le nom qualifie true or false with genetic testing, it is possible to predict with nearly 100% accuracy who will get the disease. An acute, often fatal, infectious bacterial disease caused by the introduction of pathogenic spores, which enter the body through a contaminated puncture wound, is tetanus (true or false) What is the line's slope? 12. Reason A data set is represented by the box plot shown. Between which two values would the middle 50% of the data be found? Explain. 1. if a file with the specified name already exists when the file is opened and the file is opened in 'w' mode, then an alert will appear on the screen. (true or false) Provide some examples of effective ways to use social media for advancing social change campaigns Amy runs each lap in 4 minutes. She will run less than 7 laps today. What are the possible numbers of minutes she will run today? At the book store, you purchased some $5 clearance mystery books and $12 regular-priced science fiction books. How many of each did you buy if you spent a total of $126? Looking at the VEI, please discuss the relationship between frequency and classification of volcanoes. T/F. Flora's Fruit + Fresh is one of several local stores where customers can purchase locally grown fruits and vegetables. Each week, Flora also offers workshops in her store on topics such as canning, healthy eating, and growing a garden, which no other local store does. By offering these unique workshops, Flora is engaging in strategic positioning. TRUE/FALSE. the adolescent brain tends to have more mature pleasure-seeking systems and less advanced ability to deliberately control one's. growth models like those used in forecastx usually model situations well where a process grows multiple choice a. until reaching saturation. b. at a more or less constant rate. c. at an exponential rate. d. in a linear fashion.