Question: Based on PCAOB standards for an internal control audit, which of the following is least likely to indicate a significant deficiency relating to a client's
Based on PCAOB standards for an internal control audit, which of the following is least likely to indicate a significant deficiency relating to a client's antifraud programs?
- Senior management delegates to lower levels responsibility for oversight of antifraud programs.
- Lack of audit committee interaction with the internal audit department.
- No program for anonymous submissions of alleged fraud.
- Audit committee's active engagement in discussions on the topic of fraud.
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