Rainbow Paint Company, a medium-sized manufacturing firm, has no internal auditing department. It recently hired a new
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Rainbow Paint Company, a medium-sized manufacturing firm, has no internal auditing department. It recently hired a new accounting firm to perform the external audit.
Required
Outline an audit plan to examine operating system control, program maintenance controls, and organizational system controls. Include in your plan the audit objectives, exposures, necessary controls, and test of controls. Also include any documentation the auditors should request.
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Audit Plan Operating System Controls AUDIT OBJECTIVES RELATING ACCESS PRIVILEDGES The objective of the auditor is to verify that access privileges are granted in a manner that is consistent with the n...View the full answer
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