Why is it generally more efficient to test ending account balances rather than testing transactions throughout the

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Why is it generally more efficient to test ending account balances rather than testing transactions throughout the year? Explain why the efficiency might change in a computerized environment with effective internal controls.

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Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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Question Posted: Dec 29, 2012 05:56 AM

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Why is it generally more efficient to test ending account balances rather than testing transactions throughout the

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There are a number of reasons to believe it is more efficient to test account balances at year end r...View the full answer

Auditing a business risk appraoch

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