Assume that internal controls are effective as assessed by the auditor through an analysis of their design

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Assume that internal controls are effective as assessed by the auditor through an analysis of their design and operation. To what extent does the auditor still need to directly test account balances? Explain.

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Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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Question Posted: Dec 29, 2012 05:59 AM

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Assume that internal controls are effective as assessed by the auditor through an analysis of their design

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The auditor still needs to test the account balances to gather a minimal amount of corroboratin...View the full answer

Auditing a business risk appraoch

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