What Are The Procedures Used To Obtain An Understanding Of Internal C

1.	What Are The Procedures Used To Obtain An Understanding Of Internal Control?
Answer» Ordinarily, a combination of the FOLLOWING procedures is used in obtaining a sufficient understanding of internal control: Previous EXPERIENCE with the client Inquiry of appropriate client personnel Observation of client activities Reference to prior year WORKING papers Inspection of client-prepared DESCRIPTIONS, such as organization charts and accounting MANUALS. Ordinarily, a combination of the following procedures is used in obtaining a sufficient understanding of internal control:

What Are The Procedures Used To Obtain An Understanding Of Internal Control?

Answer»

Ordinarily, a combination of the FOLLOWING procedures is used in obtaining a sufficient understanding of internal control:

Previous EXPERIENCE with the client
Inquiry of appropriate client personnel
Observation of client activities
Reference to prior year WORKING papers
Inspection of client-prepared DESCRIPTIONS, such as organization charts and accounting MANUALS.

Ordinarily, a combination of the following procedures is used in obtaining a sufficient understanding of internal control: