AC 410 help A Guide to career/Snaptutorial AC 410 help A Guide to career/Snaptutorial | Page 20

18–29. The CPA firm of Carson & Boggs LLP is performing an
internal control audit in accordance with PCAOB Standard No. 5.The
partner in charge of the engagement has asked you to explain the
process of determining which controls to test. Describe the process,
presenting each of the links in this process and a short summary of
how the auditors approach each of them.
18–34. Simulation
Bill Jensen, a staff member of Zhan & Co., CPAs, has given you the
following list of what he refers to as ―internal control deficiencies‖ for
the Zabling Co. audit and has asked you to review each point and
make certain that you agree that each is an internal control deficiency.
For each of the following items, reply A (Agree) or D (Disagree)
indicating whether the item represents an internal control deficiency.
18–35. Match the following definitions (or partial definitions) to the
appropriate term. Each term may be used once or not at all.
18–36. Your working papers for an integrated audit being performed
under PCAOB Standard No. 5 include the narrative description below