Analytical procedures used when planning an audit should concentrate on a. Weaknesses in the companys internal control
Question:
a. Weaknesses in the company’s internal control activities.
b. Predictability of account balances based on individual significant transactions.
c. Management assertions in financial statements.
d. Accounts and relationships that can represent specific potential problems and risks in the financial statements.
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Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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