Question: BC 441: ADVANCED AUDITING AUDIT CASE ASSIGNMENT CASH Q 3 This project is Cash Q#3 [ p. 4 MIDDLE] The W/P s to review are

BC 441: ADVANCED AUDITING

AUDIT CASE ASSIGNMENT

CASH Q 3

  1. This project is Cash Q#3 [ p. 4 MIDDLE]
  2. The W/P s to review are : C.2.1 to C.2.11 [ pp. 58-85]
  3. Note the Audit Program steps which apply are C.2 [pp. 16-17] items A, B and C

A = Mailroom control listing

B= Obtain (6) cash disbursements for testing

C = Cash account reconciliations

  1. Author suggested time budget = 5-7 hours
  2. Return to the focused question[s] page 4 Q# 3 [ a, b, and c]
  3. Identify and document/organize the test of control weaknesses you have identified using the format below.

Test of Control Weaknesses Mailroom Control Listing

Item Reason Why and/or Suggested Improvement

Test of Control Weaknesses Cash Disbursement Activities

Item Reason Why and/or Suggested Improvement

Test of Control Weaknesses Bank Reconciliation Activities

Item Reason Why and/or Suggested Improvement

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