Homework: Audit Procedures for Property, Plant, and Equipment
Overview
In this homework, you will prepare a 2 to 3 pages professional document that fully addresses the requirements specified in the case. Include at least two current references to scholarly andr authoritative sources.
Instructions
Specifically you will need to:
1) Explain the audit procedures for acquisition and disposal of property, plant, and equipment related to the occurrence, accuracy, and completion assertions.
2) Using examples, explain and demonstrate how auditing the disposal of property, plant, and equipment provides evidence of depreciation expense.
3) Form conclusions about a selected sample of acquisitions of property, plant, and equipment.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
The specific course learning outcome associated with this homework is:
1) Develop conclusions about acquisitions by a given client using audit procedures related to occurrence, accuracy, and completion.