Question: Prompt: For this first milestone, you will begin creating your audit plan for Robbins Network Services (RNS), the company in your final project scenario. You
Prompt: For this first milestone, you will begin creating your audit plan for Robbins Network Services (RNS), the company in your final project scenario. You will analyze RNSs business environment, including the standard business transactions performed by the company, business risks, impact of current events, and potential ethical issues, and determine the types of internal control that may be needed. Specifically, the following critical elements must be addressed: I. In a concise memo, evaluate the internal controls of RNS.
C. What would you suggest are the appropriate types of internal controls for this industry? Why?
D. Describe ethical issues involved with this company and industry that would have a direct effect on the outcome of a financial audit. How could these issues be addressed?
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