Ask Question, Ask an Expert


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 write short notes ona role of project sponsorsb

1. Write short notes on: a. Role of project sponsors b. Importance of project budget c. Debt financing d. Financial feasibility of a project 2. Describe the Engineering, Procurement Construction (EPC) contract. 3. Explai ...

Locate and review an article related to why organizations

Locate and review an article related to why organizations adopt a project and organize their work as a series of tasks involved in project management. The article you select must be from a CSU Online Library database, no ...

Read the following scenario and answer the corresponding

Read the following scenario and answer the corresponding questions upon your completion. You recently earned your Project Management Professional (PMP) certification, and you are excited to share the news with your manag ...

Project managementpreviously in the course you were asked

Project Management Previously in the course, you were asked to think of a project you have been involved with at your place of employment. Think of that same project, imagine that you have been appointed the project mana ...

In the project management world all project managers want

In the project management world, all project managers want to be able to claim they were on time and on budget with respect to projects that they have completed. Search the Internet and retrieve a case study of a project ...

Assignment lasa - final project reportprepare an 8-10-page

Assignment: LASA - Final Project Report Prepare an 8-10-page report in Word. This report should include a project history of your recent Trillo Apparel Company District 4 Production Warehouse Move experience over the las ...

Project management- international project and project

Project Management- : International Project and Project Oversight The Project Management Maturity Model (PM3) is a model that allows us to describe our organization's functioning level related to Project Management pract ...

1 create a network diagram aon2 identify the paths through

1. Create a network diagram (AON) 2 Identify the paths through the network diagram 3 State the critical path and the project duration Attachment:- template.rar

Write about yourself and how music relates to youwhat is

Write about yourself and how music relates to you. What is your musical background? How does music affect your life? What most interests you in taking this class? What most concerns you? 600 Words...........

Taskpart oneproject name team descriptionworking as a

Task Part One: Project Name / Team / Description Working as a team you are to - Agree on a suitable team name, list all team members and provide their contact details in a professional looking document. - Provide an over ...

  • 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

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate