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Author Question: For financial statement audits, auditors need to understand controls that are relevant to the audit ... (Read 85 times)

campbellfam07

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on: Aug 21, 2022

Question 1

Name three types of documents which auditors commonly use to obtain and to document their understanding in the audit working paper of the design of internal controls.

Question 2

For financial statement audits, auditors need to understand controls that are relevant to the audit in order to
◦ identify and assess the risks of material misstatements.
◦ perform preliminary analytical procedures.
◦ detect fraud.
◦ assess inherent risk.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by campbellfam07 on Aug 21, 2022

bball_babe_123

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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campbellfam07

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

Zebsrer

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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