When planning the audit of internal controls for an issuer, the audit team should a. Identify significant
Question:
a. Identify significant accounts, locations, and assertions.
b. Conduct a walkthrough of the internal control process.
c. Make inquiries of employees regarding the existence of control activities.
d. Reperform control activities performed by client employees to determine their effectiveness.
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Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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