Planning for an integrated audit consists of eight steps that lead to audit testing of controls and

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Planning for an integrated audit consists of eight steps that lead to audit testing of controls and financial statement account balances.
Required
a. Describe the eight steps of an integrated audit.
b. Does the auditor need to evaluate each of the components of the COSO Internal Control - Integrated Framework to reach an opinion on the effectiveness of internal control?
c. Can one element of the framework be weak and yet be offset by another element? Explain.
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Auditing A Business Risk Approach

ISBN: 978-0538476232

8th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

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