' anenyurvmanzv. VVDJ -\IU111 ' W DJ-DUIII " 8511.111 W th: UI n.
March 25, 2004
Behind Wave of Corporate Fraud:
A Change'in How Auditors Work
'Risk Based' Model Narrowed
Focus of Their Procedures,
The main questions I must clarify is regarding the "planning audit matrix" on page 310 (R-50).
1)The section for Planned Control Risk (CR) must be filled in: Should I use all the
5 examples from 10.1 & 10.2 ?1) page 291 [R40-1]
2) Page 302 [R 42-1]
Southeast Shoe Distributor
Revenue Cycle- Comments Planned Control Risk Assessment
For the Year Ended December 31, 2008
The PCR of Occurrence- is set at low bec. Of the two controls in place of manager approval of
all sales and reconciliation of sal