Question

Johnson, CPA, has been engaged to audit the financial statements of Rose, Inc., a publicly held retailing company. Before assessing control risk, Johnson is required to obtain an understanding of Rose’s control environment.

Required:
a. Identify additional control environment factors (excluding the factors illustrated in the following example) that set the tone of an organization, influencing the control consciousness of its people.
b. For each control environment factor identified in part (a), describe the components and why each component would be of interest to the auditor. Use the following format:



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  • CreatedSeptember 22, 2014
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