Explain why the auditor must study and evaluate the system of internal control and test its effectiveness

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Explain why the auditor must study and evaluate the system of internal control and test its effectiveness as a part of the ordinary audit.

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Applications Of Statistical Sampling To Auditing

ISBN: 9780130391568

1st Edition

Authors: Alvin A. Arens, James K. Loebbecke

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Question Posted: May 16, 2024 02:02 AM

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Explain why the auditor must study and evaluate the system of internal control and test its effectiveness

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The auditor must study and evaluate the system of internal control and test its effectiveness as a part of the ordinary audit for several reasons 1 Reliance on Internal Controls Internal controls are ...View the full answer

Applications Of Statistical Sampling To Auditing

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