The development of such a standard parallels guidance from the U.S. Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB).GerkesSeniorJaapSeniorVanSeniorDerSeniorWerfSeniorWilbertSeniorJanSeniorVanSeniorDerSeniorWijkSenior...
The development of such a standard parallels guidance from the U.S. Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB). 展开 年份: 2007 收藏 引用 批量引用 报错 分享 全部来源 求助全文 ProQuest EBSCO EBSCO ...
AuditingStandardNo.5issuedbyPCAOBstatesthat Theauditormusttestentity-levelcontrolsthatareimportanttotheauditor'sconclusionabout whetherthecompanyhaseffectiveinternalcontroloverfinancialreporting.Dependingonthe auditor'sevaluationoftheeffectivenessoftheentity-levelcontrols,theauditorcanincreaseor decreasetheamountoftesting...
organizations seeking external auditor can use public registries to locate registered firms such as the registry maintained by the PCAOB in the United States[13]or the Register of Statutory Auditors in the United Kingdom[14]. As illustrated inFigure 4.4, external audit firms submit applications to...
both types may increase the risk of material misstatement, so the PCAOB is concerned with whether audit firms are performing appropriate procedures to identify entity-level and application-level internal control audit deficiencies, including those involving information technology general controls (ITGCs). ...
As per the PCAOB's May 2005 guidance, auditors may use strong entity-level controls to alter the nature, timing, and extent of testing. The evaluation of entity-level controls could cause an increase or decrease in the testing of other controls at the process, transaction, or application ...