Auditing Cases 6th Edition by Mark Beasley,Frank Buckless,Steven Glover,Douglas Prawitt

تمرين 9

The PCAOB's Auditing Standard No. 5, An Audit of Internal Control Over Financial Reporting That is Integrated with an Audit of Financial Statements, describes the auditor's responsibility to use a "top-down approach" and describes the auditor's responsibility for testing "entity level controls." Refer to PCAOB AS 5 to answer the following questions:
[a] What is a top-down approach
[b] What are entity-level controls
[c] What is the auditor's responsibility regarding the testing of entity-level controls