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Easy Auditing Company is currently performing an audit of a major client, Office Supply Company. The client is a large, wellestablished firm with offices all
Easy Auditing Company is currently performing an audit of a major client, Office Supply Company. The client is a large, wellestablished firm with offices all over the U.S. The client sells a variety of office and stationary supplies in both the wholesale and retail markets and is decentralized. Easy's auditors have decided to conduct a notable item check to see whether any employees are also set up in the client's system as vendors. The best approach to conduct this type of procedure involves order to assess control risk as low an audit data analytics procedure where the auditor may attempt to merge two or more databing details/fields, and potential notable items obtaining written guarantees from senior management to serve as assurance, confirming that no employees are also vendors of
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