Explain why you believe auditors have been reluctant to report on the directors reviews of the effectiveness

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Explain why you believe auditors have been reluctant to report on the directors’ reviews of the effectiveness of internal controls.

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The Audit Process Principles Practice And Cases

ISBN: 9781473760189

7th Edition

Authors: Iain Gray, Louise Crawford, Stuart Manson

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Question Posted: May 03, 2024 04:02 AM

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Explain why you believe auditors have been reluctant to report on the directors reviews of the effectiveness

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Auditors have been traditionally reluctant to report on directors reviews of the effectiveness of internal controls due to several reasons 1 Limitations of Scope Auditors may be hesitant to rely solel...View the full answer

The Audit Process Principles Practice And Cases

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