Question: In a 1 5 1 8 slide PowerPoint presentation, please address the following items. Explain the specific steps that you would take to gain an

In a 1518 slide PowerPoint presentation, please address the following items.
Explain the specific steps that you would take to gain an understanding of the companys system of internal control. Provide a rationale for your approach.
Identify one entity-level control and one transaction-level control that you would expect to see in the companys revenue process. Explain why you would expect to see these two controls.
Identify two methods that you would use to design and test controls. Provide a rationale for why you selected these two methods.
Develop a plan to incorporate audit data analytics (ADA). Explain how the plan would support: risk assessment, evidence evaluation, and substantive procedures.
Recommend a framework for sampling and testing key transactions and account balances. Provide a rationale for your proposed framework.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!