William Jackson, the CEO of RPL, has requested that the tests of controls only be performed once due to the disruption caused by audit staff to the work of the staff in the printing and shipping department. In addition, he has requested that the tests of controls occur only during July 2018, as this is traditionally the quietest time of the year for RPL. You expect the audit report to be signed on 15 August 2018. Ignoring considerations of limitation of scope, discuss the effects of William’s requests on the sufficiency and appropriateness of the audit evidence to be gathered.
William Jackson, the CEO of RPL, has requested that the tests of controls only be performed once due to the disruption caused by audit staff to the work of the staff in the printing and shipping department. In addition, he has requested that the tests of controls occur only during July 2018, as this is traditionally the quietest time of the year for RPL. You expect the audit report to be signed on 15 August 2018. Ignoring considerations of limitation of scope, discuss the effects of William’s requests on the sufficiency and appropriateness of the audit evidence to be gathered.
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter9: Auditing The Revenue Cycle.
Section: Chapter Questions
Problem 37RQSC
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William Jackson, the CEO of RPL, has requested that the tests of controls only be performed once due to the disruption caused by audit staff to the work of the staff in the printing and shipping department. In addition, he has requested that the tests of controls occur only during July 2018, as this is traditionally the quietest time of the year for RPL. You expect the audit report to be signed on 15 August 2018.
- Ignoring considerations of limitation of scope, discuss the effects of William’s requests on the sufficiency and appropriateness of the audit evidence to be gathered.
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