This document is an assignment on audit, assurance and compliance. It covers the vast topic of assuring the quality of information systems. It is a detailed and informative document

Assignment on Audit, Assurance and Compliance

This article discusses the necessary issues and audit-related decisions regarding the useful life of assets, allowance on stocks, loans and interests, credit limits, and electronic sales. It also covers factors such as materiality, management, internal, accounting, operational, and technological factors that can affect the preliminary figure for materiality.

Audit Assurance & Compliance: Issues and Factors

Dissertation

AUDIT ASSURANCE & COMPLIANCE Table of contents Question 1: 3 Question 2: 4 Reference list 9 Question 1: Necessary Issue Details Audit-related decision towards this issue The useful life of the assets- It is very necessary to determine the useful life of the asset for the accounting cycle which considers the use of various assets (Woodroof & Searcy, 2001, p.169). In order to avoid this issue, the senior manager should approach the others, Stewart & Kathy, to get proper

Assignment on Audit, Assurance and Compliance