The internal auditors for Longhorn Foods Corporation had scheduled an audit of one of the company farms
Question:
The internal auditors for Longhorn Foods Corporation had scheduled an audit of one of the company farms in Southern California and also an audit of a livestock feedlot that was recently purchased by the company and is located near the farm. The purpose of these audits was to review the operating controls in effect at each location.
Required:
a. List the steps in preparation for this audit that you think would be necessary.
b. Discuss how each of the steps might be performed in this case. For example, what kind of preliminary communication would be necessary, who would receive it, and what messages should be contained in the communication?
Step by Step Answer:
Internal Auditing: Principles And Techniques
ISBN: 9780894131677
1st Edition
Authors: Richard L. Ratliff, W. Wallace, Walter B. Mcfarland, J. Loeboecke