AUD help!!

  • Creator
    Topic
  • February 22, 2018 at 8:06 pm #1718288
    mjain
    Participant

    Can anyone please explain what is control occurrence?

    Thanks

    Mjain
Viewing 2 replies - 1 through 2 (of 2 total)
  • Author
    Replies
  • February 23, 2018 at 6:10 am #1718380
    Tim
    Participant

    Can you maybe give a little more context? I mean occurrence is a management assertion that a transaction actually took place. So I guess control occurrence could just be whether a certain control is in place that management claims to be in place. Seems like existence would fit better than occurrence though.


    FAR - 97 (10/12/17)
    BEC - 95 (01/15/18)
    AUD - 88 (04/06/18)
    REG - 89 (11/16/18)
    February 23, 2018 at 1:20 pm #1718587
    mjain
    Participant

    Thanks a lot for your reply.You are right.It was a yes/no question relating to control occurrence.After reading your reply I understood that the question must be asking if the control is operating effectively or not.

    Mjain
  • Author
    Replies
Viewing 2 replies - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.