AWhat Is the Auditor's Responsibility for Internal Control Testing in Private

question 83

Essay

a.What is the auditor's responsibility for internal control testing in private companies? Explain how the auditor uses internal control tests to gather evidence in a private company.b.What is the auditor's responsibility for internal control testing in an integrated audit for a public company whose stock is listed on the U.S.stock exchange? Explain how the auditor uses internal control tests to gather evidence in a public company.c.How does the auditor determine the controls to test in an integrated audit?
d.Once the auditor decides which controls to test,how does he or she decide how much testing to do?

---

Definitions:

Moral Behaviors

Actions that align with societal norms and values considered right or ethical, reflecting an individual's understanding of morality and ethical reasoning.

Love Withdrawal

A discipline technique in which a parent withholds attention or love from the child in an effort to control the child’s behavior.

Discipline Technique

Methods and strategies used to teach and reinforce acceptable behaviors and attitudes to individuals, particularly children.

Perspective Taking

The cognitive ability to consider the world from another individual's viewpoint or to understand their thoughts and feelings.