Question: Explain the differences between an audit of internal controls as required by AS 2201 and the testing of internal controls for the purposes of expressing
Explain the differences between an audit of internal controls as required by AS 2201 and the testing of internal controls for the purposes of expressing an opinion on the financial statements as mandated by AU-C 315. Refer to the standards in your answer.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
