To rely on the effectiveness of company internal controls, the auditor should test the controls, but only after assessing that the design is effective. The auditor may rely on control tests and other ...

Arnold Schneider, Neil Wilner, A Test of Audit Deterrent to Financial Reporting Irregularities Using the Randomized Response Technique, The Accounting Review, Vol. 65, No. 3 (Jul., 1990), pp. 668-681 ...

The Accounting Review, Vol. 62, No. 1 (Jan., 1987), pp. 145-157 (13 pages) Simunic [1980] and Palmrose [1986, Appendix A] report contradictory findings about a Big Eight auditor price premium in the ...

If control errors are found, the auditor increases the amount of transactional testing that will be conducted in the audit.

Because business volume and activities have changed significantly for many clients, auditors face new challenges related to auditing with changes in internal control. Here’s how practitioners can ...

Audit Procedures for Revenue Cycles. As part of a financial audit, the auditor must assess the inherent risk associated with the revenue cycle and perform tests to determine it is relatively free ...