What are the major factors the auditor should consider when evaluating an internal control deficiency to determine

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What are the major factors the auditor should consider when evaluating an internal control deficiency to determine if it is a material weakness, or a significant deficiency?

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Auditing a risk based approach to conducting a quality audit

ISBN: 978-1133939153

9th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

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Question Posted: Sep 22, 2014 08:52 AM

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What are the major factors the auditor should consider when evaluating an internal control deficiency to determine

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AS 5 notes that various risk factors affect the likelihood whether there is a reasonable possibility that a deficiency or a combination of deficiencie...View the full answer

Auditing a risk based approach to conducting a quality audit

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