Statements Answer The auditors should design procedures to provide a high level of assurance that the controls related to each are operating effective The control framework ordinarily used in an internal control audits Internal Control Integrated Framework, created by the of the Treadway Commission as of board of directors Determining the allowance for doubtful accounts, establishing warranty reserves, and assessing assets for that involve judgments or assumptions Committee of Sponsoring Organization (COSO) entity level major classes of transactions To express the internal control opinion, the auditors should obtain sufficient evidence on the effectiveness of controls at the If the auditors conclude that material weaknesses exist in internal control they should issue a written communication to management and the in which they indicate that the audit of internal control cannot be completed Answer wyor onware ated management management estimates material weakness relevant assertion trols significant deficiency ation