Question: Consult Paragraph 14 and Paragraph A8 (in Appendix A) of PCAOB Auditing Standard No. 5. Provide examples of both a preventive control and a detective

Consult Paragraph 14 and Paragraph A8 (in Appendix A) of PCAOB Auditing Standard No. 5. Provide examples of both a preventive control and a detective control that could address the risk that a fraudulent top-side adjusting journal entry could be made by a member of management.

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Paragraph 14 of Auditing Standard 5 focused on the importance of auditors utilizing the results of their fraud risk assessments as part of the audit S... View full answer

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