Solution-Describe the method for documenting internal

Describe the method for documenting internal control systems

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Reference no: EM132582509

Internal auditors are required to document a company's accounting and internal control systems as part of their audit process. Two methods available for documenting internal control systems are narrative notes and questionnaires. For each of the two methods, NARRATIVE NOTES and QUESTIONNAIRES:

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Question (i) Describe the method for documenting internal control systems;

Question (ii) Explain TWO ADVANTAGES of using each of the two methods.

Reference no: EM132582509

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Describe the method for documenting internal control systems

Reference no: EM132582509

Reference no: EM132582509

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