Auditors use various tools to document their understanding of an entitys internal control system, including narrative descriptions,
Question:
Required:
a. Identify the relative strengths of each tool.
b. Briefly describe how the complexity of an entity’s internal control system affects the use of the various tools.
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a The strength of using procedures manuals and organizational charts is that they help the auditor d...View the full answer
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Related Book For
Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
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