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Title: When a compensating control exists, the absence of a key control Post by: vurt777 on Aug 1, 2022 When a compensating control exists, the absence of a key control
▸ is no longer a concern because there is no longer a significant deficiency or material weakness. ▸ is still a major concern to the auditor. ▸ could cause a material loss, so it must be tested using substantive procedures. ▸ is magnified and must be removed from the sampling process and examined in its entirety. Title: When a compensating control exists, the absence of a key control Post by: kitty123 on Aug 1, 2022 Content hidden
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