planning and evaluating tests of control 231127

This problem requires the use of ACL software, which is includedin the CD attached to the text. Information about installing and using ACL and solvingthis problem can be found in Appendix, pages 830–834. You should read all of thereference material, especially the material on sampling, to answer questions a. through e.For this problem use the “Inventory” file in the “Inventory_Review” subfolder undertables in Sample_Project. Suggested commands, where applicable, are indicated at the endof the problem requirements.a. Calculate the sample size and sampling interval for an MUS sample based on inventory value at cost (Value). Use a confidence level of 90%, materiality of $40,000,and expected errors of $2,500. (Sampling/Calculate Sample Size; select “monetary”radio button)b. What is the sampling size and sampling interval if you increase materiality to$50,000 and decrease expected errors to $1,000?c. Select the sample based on the sampling interval determined in part a. (Sampling /Sample…

The audit team is currently debating whether they should be using static or dynamic reports. Which phase are they most likely in? a. Perform the Analysis b. Master the Data c. Share the story d. Ask the Question

Get the "Audit" Data file (attached). Follow the instructions under “using excel to construct a frequency distribution” in Chapter 2 of textbook. Develop Figure 2.10 and add relative frequency and cumulative frequency. Keep in mind that “count of audit time” is frequency only. Upload the final figure showing classes, frequency (count of audit time), relative frequency, and cumulative frequency.

Do you have sample executive summary for internal audit report?  (Can be a template if you have one.)

Can you help with the spread sheet sample of how it will be so as to help me do my study work perfectly

Input validation includes field interrogation that examines the data in individual fields. List four validation tests and indicate what is checked in each. Please give specific examples for each one of them.