[Get Solution] Control Deficiency

Access the Lesson 7 Discussion forum through the link above or navigate directly to the Discussion Board area in the course menu. Click Create Thread to respond to prompt.Watch the two vignettes on Evaluating Root Cause and Severity of a Control Deficiency.(https://www.thecaq.org/vignette-2-evaluating-root-cause-and-severity-control-deficiency/ ) The vignettes depict a situation where an audit engagement team found an internal control deficiency while investigating a misstatement auditors found. The first vignette is a discussion about the root cause of the misstatement, and the second one is about whether the internal control deficiency identified should be ‘material weakness’ or something less severe than that. It is a critical decision to make as existence of material weakness in internal control will lead to a modified audit opinion on internal control.Initial/Original Post: Select ‘two’ of the following questions and discuss:A misstatement of an account balance does not always lead to a conclusion there is an internal control deficiency. What made auditors in this case consider the possibility the error was a result of a problem in internal controlThe audit partner in the first vignette asks whether the issue is a deficiency in design or in operating effectiveness. Why is it important?In the second vignette, why does the partner seem pretty convinced the deficiency is severe enough to be a material weakness?In the second vignette, two auditors sitting in front of the partner seem a little reluctant to conclude the deficiency is a material weakness. Why do you think it is the case?Feel free to elaborate anything you learned/noticed from these vignettes and raise any question you have.Responding to Others: Responses to at least two classmates’ postings should be approximately 200 words and should be thoughtful, substantial, polite and more extensive than a simple “well done” phrase or “I agree.” Consider points of agreement, disagreement, assumptions, and value judgments. You will be able to respond to others after you submit your initial post.

 

So much stress and so little time? Take care of yourself: let us help you with your task on
[Get Solution] Control Deficiency
Get a 20% Discount on this Paper
Get Help Now

 

So much stress and so little time? We’ve got you covered. Get your paper proofread, edited or written from scratch within the tight deadline.

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Upload assignment instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with Do My Homeworkk
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Nursing
A well-researched paper. Delivered before the deadline as well. Extremely pleased !!
Customer 452445, August 20th, 2021
Philosophy
Thank you! Will definitely use the writer again.
Customer 452443, October 22nd, 2021
Classic English Literature
THANK YOU SO MUCH!!!! :)
Customer 452493, April 19th, 2022
Finance
Wow! I should never have doubted you guys. Thank you for the excellent grade
Customer 452443, August 27th, 2021
Chemistry
Excellent services!
Customer 452443, November 11th, 2021
Nursing
Excellent! Followed directions and completed a great paper
Customer 452445, August 22nd, 2021
Other
Thank you! :)
Customer 452493, May 14th, 2022
Education
Awesome work, responded well and clarified everything.. Would definitely recommend, great service
Customer 452445, September 8th, 2021
Anthropology
Thank you
Customer 452445, August 20th, 2021
Business and administrative studies
Thank you so much for your help!!!!!
Customer 452519, November 9th, 2022
National Security Intelligence and Security Analysis
Timeliness
Customer 452457, November 3rd, 2021
Other
Thank you!
Customer 452493, May 29th, 2022
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat

Order your essay today and save 15% with the discount code ESSAYHELP