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Author Question: In performing the audit of internal control over financial reporting, the auditor emphasizes ... (Read 156 times)

olgamartinez04

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on: Aug 21, 2022
In performing the audit of internal control over financial reporting, the auditor emphasizes internal control over classes of transactions because
◦ the accuracy of accounting system outputs depends heavily on the accuracy of inputs and processing.
◦ the class of transaction is where most fraud schemes occur.
◦ account balances are less important to the auditor then the changes in the account balances.
◦ classes of transactions tests are the most efficient manner to compensate for inherent risk.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by olgamartinez04 on Aug 21, 2022

brunoanthony

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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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olgamartinez04

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Reply 2 on: Aug 21, 2022
Excellent

kthug

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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