Question
Q1. What is XBRL and why do we need that? Q2. Which internal control(s) would you recommend to prevent the following situation from occurring? Situation:
Q1. What is XBRL and why do we need that?
Q2. Which internal control(s) would you recommend to prevent the following situation from occurring?
Situation: While entering the details about a large credit sale, a clerk mistakenly typed in a nonexistent account number. Consequently, the company never received the payment from this customer.
Q3. Describe the three categories of objectives and five essential components of the COSO 2.0 framework.
Q4. What are the two approaches of CAATs in auditing systems and give me examples CAATs of each approach? What are the differences between them?
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Financial Accounting A Valuation Emphasis
Authors: John S. Hughes, Frances L. Ayres, Robert E. Hoskin
1st Edition
0471203599, 978-0471203599
