What is meant by significant deficiencies

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Reference no: EM132784093

Problem 1: Explain why the auditor tests controls.

Problem 2: What is the auditor's responsibility for obtaining an understanding of internal control?

Problem 3: Explain what is meant by "significant deficiencies" as they relate to internal control. What should the auditor do when he or she has discovered significant deficiencies in internal control?

Reference no: EM132784093

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