Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Project Management Expert

If internal controls are deemed insufficient to support management assertions, auditor will have to alter audit program by include management in collecting information concerning internal control systems without impairing their objectivity or judgment. Auditor should carry out procedures to get adequate evidence regarding operation and design of internal control and hence decrease attestation risks to low levels. Auditor may consider management's results and tests but not rely on them as principle evidence. In sufficient management, assertion and documentation of internal controls may result to 'important deficiency or material weakness'.

We have been describeing some of the evidence which can be collected: When is there sufficient evidence? For instance, do you only collect evidence if there is the issue? But then how do you authenticate that you reviewed all evidence?

 

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M932357

Have any Question? 


Related Questions in Project Management

1 a company typically has many systems it wants to build

1. A company typically has many systems it wants to build, but unfortunately it usually doesn't have the resources to build all the systems. How does a company decide which systems to build? 2. How do the four implementa ...

Find out about firewalls- go to the web and find out about

FIND OUT ABOUT FIREWALLS:- Go to the Web and find out about software and hardware that protect your computer and home network, respectively. If you have only one computer connected to the Internet, then a software firewa ...

Assignment project performancelength 1200-1800wordsfor this

Assignment: Project Performance Length: 1200-1800words For this assignment, you will further enhance your overall Quality Management Integration Plan by adding in a section to address quality performance monitoring and c ...

Exampart 1angela biesendorfer is a program manager at youth

EXAM PART 1 Angela Biesendorfer is a program manager at Youth Alive, a non profit organization working to prevent violence among teenagers in Santa ClaraCounty. Youth Alive is applying for funding to continue their Posit ...

Visit the website wwwcovisintcom and evaluate the nature of

Visit the website www.covisint.com, and evaluate the nature of the business customers attracted. Who is the target audience for this business marketing site? Describe the types of firms that are currently doing business ...

1 generally buyers go through a product adoption process

1. Generally, buyers go through a product adoption process before becoming loyal customers. Describe your experience in adopting a product you now use consistently. Did you go through all the stages? 2. Identify two bran ...

A company manufactures three products a b and c by using

A company manufactures three products: A, B and C by using three resources. Each unit of product x takes six man hours and 0 twenty hours of machine capacity and two cubic meter of storage place. Similarly, one unit of p ...

Project assignmenta project is a set of definable tasks

Project Assignment A project is a set of definable tasks related to each other. The project has a beginning and end and a budget of money and resources. It should have a clear objective. For the project assignment you wi ...

Define project management why is project management of

Define "project management." Why is project management of particular interest in the field of InfoSec? Why are project management skills important to the InfoSec professional? How can security be both a project and a pro ...

Project management assignmentfollowing are data reporting

Project Management Assignment Following are data reporting progress on a project. Work on all tasks contained in the table is scheduled to be complete as of the day of the report. Budget Begun? Complete? Actual cost Earn ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro