Case 10-43 Matrices in Excel

Case 10-43 Matrices in Excel - Recorded Existing Recorded...

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PINNACLE MANUFACTURING AUDIT - PART III CONTROL RISK MATRIX - ACQUISITIONS Recorded TRANSACTION- Recorded Existing Recorded acquisition Acquisition Acquisition RELATED AUDIT acquisitions acquisition acquistion transactions transactions transactions OBJECTIVES are for goods transactions transactions are properly are properly are recorded and services are record- are stated included in the classified on the received ed (complete- at the cor- master files, (classification). correct dates (occurrence). ness). rect amounts and are (timing). (accuracy). properly sum- INTERNAL marized (posting CONTROLS* and summarization). 1. 2. 3. 4. 5. 6. 7. 8. 9. DEFICIENCIES* 1. 2. 3. Assessed Control Risk * Note: This is a standard form to be used by students. There aren't necessarily 9 controls and 3 deficiencies in the case.
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PINNACLE MANUFACTURING AUDIT - PART III CONTROL RISK MATRIX - CASH DISBURSEMENTS TRANSACTION-
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Unformatted text preview: Recorded Existing Recorded Recorded cash Cash Cash RELATED AUDIT cash cash cash disbursement disbursement disbursement OBJECTIVES disbursements disbursement disbursement transactions are transactions transactions are for goods transactions transactions properly are properly are recorded and services are record-are stated included in the classified on the correct actually ed (complete-at the cor-master file (classification). dates received ness). rect amounts and are proper-(timing). (occurrence). (accuracy). ly summarized INTERNAL (posting and CONTROLS* summarization). 1. 2. 3. 4. 5. 6. 7. 8. 9. DEFICIENCIES* 1. 2. 3. Assessed Control Risk * Note: This is a standard form to be used by students. There aren't necessarily 9 controls and 3 deficiencies in the case....
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This note was uploaded on 12/18/2011 for the course ACC ACC703 taught by Professor Taylor during the Fall '10 term at Ryerson.

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Case 10-43 Matrices in Excel - Recorded Existing Recorded...

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