CPAs can assess the effectiveness of their organization’s information technology controls by using Principle 11 of the newly updated internal control framework of the Committee of Sponsoring ...

Use the documentation of internal control to determine if sample transactions correctly flow through the internal control system. For example, an auditor may observe a customer paying cash to an ...

An internal audit control system is a common safeguard found in business ... This document contains an excellent visual aid in the form of a flowchart entitled "Summary of Internal Control Standards." ...