Audit Procedures for Property, Plant, and Equipment

Overview

In this assignment, you will prepare a 2–3 page professional document that fully addresses the requirements specified in the case. Include at least two current references to scholarly and/or 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.
4. Use at least two current, quality academic or authoritative sources in this assignment. Note: Wikipedia and similar websites do not qualify as quality scholarly and/or authoritative sources. Use the Strayer University Library to conduct your research.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.

The specific course learning outcome associated with this assignment is:

• Develop conclusions about acquisitions by a given client using audit procedures related to occurrence, accuracy, and completion.