Who is responsible to give the auditors the evidence? with explanation

Who is responsible to give the auditors the evidence? with explanation
The internal auditors are responsible for providing an audit report that is disclosed to the public financial statement users True False
The auditor's professional standards hold auditors responsible for detection if a fraud is concealed by fraudulent documents True False
Why aren't auditors responsible to detect fraud in many cases? Should they be? Why or why not?
Statements Answer 1. The term relates to the quantity of evidence that the auditors should obtain. The amount of evidence that is considered sufficient varies with the reliability of the evidence. The risk of material misstatement is composed of two risks that the auditor assesses, those risks are inherent risk and risk. 4. Tests of controls and are referred to as "further audit procedures." The audit approach of evaluating financial statement information by a study of relationships among financial and...
I disagree that auditors are solely responsible for ensuring material misstatements do not prevail. There is the management letter that is provided as a part of the annual report and 10k along with the auditor's opinion that states that the FS are the sole responsibility of the management. What can be added to this statement? Agree or disagree with this statement?
QUESTION 1 According to Brazel’s research, responses from financial statement auditors in the U.S. who were surveyed about their experiences with IT auditors indicated that they believe IT auditors’ _______ levels vary in practice. A. competence B. capability C. objectivity D. participation QUESTION 2 Auditors inspecting a sample of accounts payable balances listed on the ledger and verifying that they are true payables owed by the client gather evidence in support of the _______ assertion. A. accuracy B. occurrence C....
Who is responsible for the evaluating the process of the strategic plan and the operational plan? Give references
Briefly discuss the two types of audit strategies that auditors may perform when gathering evidence to support the audit opinion.
Can somebody give me a good explanation for these? 1.) Detail the cellular evidence that all living cells are descended from a common ancestor. Employ at least five independent lines of evidence. 2.) Describe the entire process of a hydrophobic hormone exerting its effect on a cell. 3.) A water-soluble hormone called “Lentsin-tensin” causes kidney tubule cells to activate an enzyme called “Bad-Molecule-Pumper-Outer,” aka BMPO9. BMPO9 is always there, waiting in the cytosol to be activated. All it needs to...
1. Auditors often follow a "cycle" approach to the gathering of evidence. Of the following accounts, which typically would NOT be part of the sales cycle? a. Accounts receivable b. Allowance for doubtful accounts c. Inventory d. Sales returns and allowances e. None of the above 2. The assertion COMPLETENESS involves a. Overstatement. b. Ownership. c. Professional Skepticism. d. Understatement. 3. To be appropriate, evidence should be relevant and reliable. Under...