Question
Consider the following comparison: An auditor confirms a client's bank balance with the bank An auditor examines bank statement that are provided by the client.
Consider the following comparison:
An auditor confirms a client's bank balance with the bank
An auditor examines bank statement that are provided by the client.
Which is the riskier procedure for testing the existence assertion? Why?
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IT Auditing Defined
Authors: Ibrahim Yussuf, Matthew Robinett
1st Edition
1645435148, 978-1645435143
