1.

How Should I Document My Understanding Of Internal Control?

Answer»

The AUDITOR must exercise PROFESSIONAL JUDGMENT in determining the METHODS and extent of documentation.

The most frequently used methods of documentation are:

  1. Flowcharts
  2. Questionnaires
  3. Narrative memos (WRITTEN descriptions)

The auditor must exercise professional judgment in determining the methods and extent of documentation.

The most frequently used methods of documentation are:



Discussion

No Comment Found