Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Bootyshaker Bootyshaker
wrote...
Go to Answer
Posts: 138
Rep: 0 0
A year ago
When considering internal controls,

▸ auditors can ignore controls affecting internal management information.

▸ auditors are concerned with the client's internal controls over the safeguarding of assets if they affect the financial statements.

▸ management is responsible for understanding and testing internal control over financial reporting.

▸ companies must use the COSO framework to establish internal controls.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
Read 87 times
1 Reply
Replies
Answer verified by a subject expert
casinogurlcasinogurl
wrote...
#1
Posts: 150
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Bootyshaker Author
wrote...

A year ago
Thanks
riptide
wrote...

Yesterday
Correct Slight Smile TY
Loruiz15
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1377 People Browsing
 134 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 826
  
 167
  
 3980
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: How often do you eat-out per week?