Who can conduct FCA for a local government? Group of answer choices Internal management team Outside consultant Independent auditor All of the above

Use the internet to research one for-profit, one governmental, and one not-for-profit entity. For each entity, describe the following: A. the primary purpose of the entity B. the types of activities that accountants would record (hint: what is the source of the entitys funding, and what costs might the entity have?) C. the types of decisions that might be made in this organization and how financial and nonfinancial information might help the decision-making process

Define the term stakeholders. Identify two stakeholder groups, and explain how each group might use the information contained in the financial statements.

Subject: Strategic Information Systems for Business and Enterprise Q) Discuss the questions below: i) Discusses the acronym TELOS model which provides guidance for accessing project feasibility. The term stands for technical, economic, legal, operational and schedules feasibility. Discuss these feasibilities briefly. And elaborate cost-benefit analysis under economic feasibility. ii) Accountants should be involved in the detailed design and implementation of the system development life cycle. Comment on the statement.

Indicate the organization related to IFRS that performs each of the following functions:1. Obtains funding for the IFRS standard-setting process.2. Determines IFRS.3. Oversees the IFRS Foundation.4. Provides input about the standard-setting agenda.5. Provides implementation guidance about relatively narrow issues.

At which level or levels should the GAO's conceptual framework be applied? O Firm and engagement team only. O Firm and auditor only O Firm only O Firm, engagement team, and auditor

Governmental auditing can extend beyond audits of financial statements to include audits ofan agency’s efficient and economical use of resources anda. Constitutionality of laws and regulations governing the agency.b. Evaluation of the personal managerial skills shown by the agency’s leaders.c. Correspondence of the agency’s performance with public opinion regarding the socialworth of its mission.d. Evaluations concerning the agency’s achievements of the goals set by the legislature forthe agency’s activities.

Describe the concept of a profit center and, using a specific organization, give an example of how this might be used to achieve the strategic goals of the organization.

my accounting - auditing class, the question in the justification of planning materiality: Basis (normalized net income, revenue, total assets, other). What is the basis? what are the different ones and how are they calculated?

A review of how an organization’s management and its operating procedures are functioning with respect to their effectiveness and efficiency in meeting stated objectives. a. External Audit b. Operational Audit c. Cash Audit d. Internal Audit