Many auditors rely on a disclosure checklist when evaluating presentation and disclosure assertions. Describe the benefits of
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Many auditors rely on a disclosure checklist when evaluating presentation and disclosure assertions. Describe the benefits of using a checklist to help in performing this evaluation. In addition, describe the drawbacks to using a checklist and your suggestions for overcoming such drawbacks.
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Using a disclosure checklist can provide several benefits for auditors when evaluating presentation and disclosure assertions Some of the benefits include 1 Ensuring Completeness A checklist helps aud...View the full answer
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Related Book For 
Auditing Assurance And Risk
ISBN: 9780324313185
3rd Edition
Authors: W. Robert Knechel, Steve Salterio, Brian Ballou
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