Question: Assume that the clients internal controls over the recording and classifying of capital asset additions are considered weak because the individual responsible for recording new
Assume that the client’s internal controls over the recording and classifying of capital asset additions are considered weak because the individual responsible for recording new acquisitions has inadequate technical training and limited experience in accounting. How would this situation affect the evidence you should accumulate in auditing permanent assets as compared with another audit in which the controls are excellent? Be as specific as possible.
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