Module 16 - Audit Process: Systems And Controls Flashcards
1
Q
Diagram for approach to systems and controls
A
2
Q
Module 16 - gonna have to read it though
A
One of the worst scores on test
3
Q
The work undertaken on the entity’s systems and controls will allow the auditor to reach a conclusion on:
A
Level of control risk at the entity
Level of the ROMM in the financial statements
Level of detection risk required to minimise audit risk
Level of substantive testing
