Under the professional standards currently in effect, what responsibility do auditors have to identify internal control problems

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Under the professional standards currently in effect, what responsibility do auditors have to identify internal control problems within their clients’ accounting systems? To whom must auditors communicate such problems? In responding to these questions, indicate how auditors’ responsibilities differ, if at all, between public and nonpublic clients.

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Contemporary Auditing

ISBN: 978-1285066608

8th edition

Authors: Michael C. Knapp

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