What are internal control benefits related to operations and management?
Answer to relevant QuestionsWhat effect does the auditor’s assessment of ICFR have on the financial statement audit?What are control activities for information processing, and what purpose do they serve? How do general and application IT controls differ?What management responsibility is established by Section 404 of SOX? How is the independent auditor involved?Are all assertions relevant for all accounts? Why not?What different types of backup procedures can be performed, and when are the various procedures appropriate?
Post your question