Audit report of non-public entities

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1. List at least three main differences between the audit report of non-public entities and that of public entities.

2. Provide an example of a situation where the "design of controls" may be effective but in practice those controls do not work "effectively". In other words, what kinds of problems can make these controls ineffective, such as situations where the controls are bypassed or ignored?

 

Reference no: EM132923981

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