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Auditors use various tools to document their understanding of an entity's internal control system, including narrative descriptions, internal control questionnaires, and flowcharts.Required:
1. Identify the relative strengths of narrative descriptions, flowcharts, international control question arise
2. Briefly describe how the complexity of an entity's internal control system affects the use of the various tools
Classification of Management Representations The thing to note is which during the course of the audit the auditor obtains various representations from the management which ca
As an auditor, how would you react to the following situation? The company produced photocopies of fixed deposit receipts as the original receipts were kept in the iron safe of the
what is edp auditing?
IAS 40 Investment Properties - Audit Evidence Typical audit evidence might include: Physical verification of the situation and location of the investment property and c
Higher normal risk Several audit assignments involve high audit risk and usually in any client there will always be at least one high risk area. Indications that an audit has
expalining the meaning of audit test data
Amounts Derived From Financial Statements Please note here the auditor is interested in preceding year's evidence since 1. The Companies Act states such corresponding amounts
Develop a list of tasks the auditor should perform in planning this audit engagement, before any audit testing begins. Handbook section CAS 315 lists management assertions embod
what are the qualities of stock verifier
what a group auditing and holding campanies in details with exmple propurly???
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