- This topic has 1 reply, 2 voices, and was last updated 8 years, 3 months ago by .
-
Topic
-
1. I am really having a hard time understanding the meaning with the team “assessing control risk at maximum” and “assessing control risk below the maximum” how do you get that and what happens when they are assessed above or below maximum?
2. Internal control over financial reporting. I’ve seen some questions about if you’re looking at internal control how can you do both financial statement testing and internal control testing at the same time. (Might be a bad explanation i just did but hopefully someone will understand what i mean).
3. Management Assertions mainly the Completeness. Can someone explain this to me in a “Management Assertions for Dummies” type of way?
There is probably more that I need help understanding but this is all I can think of right now. Probably will be posting more that I think of until Friday (test Saturday). Thanks Ninjas in advance!
AUD - NINJA in Training
BEC - 76
FAR - 78
REG - 81FAR- Passed first try
AUD- Failed 5 times....
REG- Failed 2 times, Passed 3rd time
BEC- Passed first tryF- 78
A- 70, 69, 74, 70
R- 68, 70
B- 76
- You must be logged in to reply to this topic.