Question: Answer the following question based on the information presented for Cloud 9 in the appendix to this text and the current and earlier chapters. You

Answer the following question based on the information presented for Cloud 9 in the appendix to this text and the current and earlier chapters. You should also consider your answers to the case study questions in earlier chapters.


Required

a. Based on your findings from the Cloud 9 problems in Chapters 11, 12, and 13, evaluate whether Cloud 9 has any significant deficiencies or material weaknesses in internal control.

b. Based on everything you know about the audit of Cloud 9, prepare a report of items to be communicated to the audit committee of Cloud 9’s board of directors.

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a Below is a summary of findings and conclusions from the Cloud 9 problems from chapters 11 12 and 13 Chapter 11 Our testing of accounts receivable revealed two errors in our sample that while correct... View full answer

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