Last year Johnson Industrials entered into a contract with Cloud Systems Inc. to provide SaaS applications to

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Last year Johnson Industrials entered into a contract with Cloud Systems Inc. to provide SaaS applications to run mission critical financial transactions. The SaaS application runs on an IaaS server, which Cloud Systems outsourced to a subservice provider. Johnson Industrials’ CPA firm is in the process of conducting the firm’s annual financial statement audit.


Required
Explain how the CPA firm will assess the relevant internal controls related to these mission critical transactions

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