While Performing an Audit on the Internal Controls Over Financial

question 6

Essay

While performing an audit on the internal controls over financial reporting for AirWaves Corporation, your audit team finds what it considers to be a significant deficiency. AirWaves is a large, private company. What steps would you take to communicate this finding?

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Definitions:

Jaeger Chart

A visual acuity chart used for reading and testing near vision.

Ishihara Book

A publication containing color plates used to test for color vision deficiencies or color blindness.

Misinterpreted

Incorrectly understood or explained; an error in how a message, gesture, or action is perceived or represented.

Emphasize Lip Movements

The action of making lip movements more pronounced or noticeable, often used in speech therapy or communication techniques to enhance understanding, especially in individuals with hearing impairments.