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Describe how the consulting engagement might differ

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Reference no: EM133123559

Question - Assume you are an internal auditor focusing on a review of your firm's cash operations.  Areas of concern include the organization's internal controls, cash collections, petty cash, banking and bank reconciliation, and security of assets.  Your CAE asks you to conduct a consulting engagement as opposed to the normal assurance engagement.

In the context of this cash review, describe how the consulting engagement might differ from an assurance assignment.

Reference no: EM133123559

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