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You are conducting the audit of a mediumsized company that has a chief accountant and three employees. Segregation of duties is excellent, with jobs allocated
You are conducting the audit of a mediumsized company that has a chief accountant and three employees. Segregation of duties is excellent, with jobs allocated to provide maximum levels of controls. Segregation is supported by accounting software with user identification and passwords that limit functions to the appropriatejobs. Required: A. What type of audit approach would you recommend? Why? B. How would your answer change if the accounting department was organized on a jobsharing basis so that all employees did some of every task to keep the work more interesting? Why
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