(LIAA11/26) Internal Control Fundamentals – Satisfying Audit Requirements for Evaluating Design and Implementation
Obtaining an understanding of the entity and its environment is part of assessing risk of material misstatement, in order to design the nature, timing and extent of further audit procedures necessary to obtain sufficient appropriate audit evidence to support the auditor's report. A critical component of understanding the entity and its environment is to evaluate...
Credit Hours: 2