Question: 1)Four approaches to internal control documentation are discussed in this chapter. List the advantages and disadvantages of each. How would documentation assist the auditor to
1)Four approaches to internal control documentation are discussed in this chapter. List the advantages and disadvantages of each. How would documentation assist the auditor to identify the strengths and weaknesses of an entitys system of internal controls?
2) If an auditor identifies an internal control weakness for an assertion, how does it affect the audit strategy? If the auditor identifies an internal control strength for an assertion, how does it affect the audit strategy?
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