What are the implications for the audit program if tests of key controls indicate they are operating

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What are the implications for the audit program if tests of key controls indicate they are operating effectively for the whole period being audited? What are the implications if a key control is tested and a high degree of noncompliance is found?

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Auditing An International Approach

ISBN: 978-0071051415

6th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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Question Posted: Jan 09, 2015 09:35 AM

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What are the implications for the audit program if tests of key controls indicate they are operating

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In assessing control risk to be prudent an auditor would initially assume that the control risk rela...View the full answer

Auditing An International Approach

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