Typically, sampling for tests of transactions occur when the client stores transaction files from which the auditor

Question:

Typically, sampling for tests of transactions occur when the client stores transaction files from which the auditor selects a sample. For some automated systems (e.g., electronic data interchange, point-of-sales systems), clients do not save transaction data beyond a month or so (or the transaction files are stored off site and inconvenient to retrieve). Discuss options available to the auditor for overcoming the lack of available transaction data?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

Question Posted: