SondraStark_Unit5Assignment_Auditing410_02

SondraStark_Unit5Assignment_Auditing410_02 - an auditor you...

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I would follow this model as closely as possible to ensure that there is no risk.  I  would begin by asking fact finding questions that begin with who, what, when, where,  why, and how.  Why are you expecting such a good year next year?  Who has  forecasted this growth?  Why are 65% of your sales to three individuals.  Why do you  expect sales to grow so much?  The best hypothesis would be “What is expected to  happen that will increase sales and income?”   If the test to this had to be rejected, as 
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Unformatted text preview: an auditor you must do further research and find out exactly what the root cause of the problem is, the underlying problem, and have that resolved first. It may take a little bit longer doing the research, but it will guarantee accurate results. An auditor must always be accurate, analytical, and able to communicate their findings in their final report....
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