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Prompt: Using your analysis of the business environment of RNS from Milestone One, as well as your textbook reading on planning an audit of cash
Prompt: Using your analysis of the business environment of RNS from Milestone One, as well as your textbook reading on planning an audit of cash accounts, write an audit program (plan) that could be used to evaluate RNSs internal controls for cash. Be sure your program addresses each component of internal control
Write an audit program for internal control of cash in Word or Excel. The following internal control components must be included:
A. Control environment
B. Risk assessment
C. Control activities
D. Information and communication
E. Monitoring
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