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What would auditors gain from using a top-down approach

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Question - A top-down approach begins at the financial statement level. It requires the auditor's understanding of the overall risk to internal control over financial reporting. Discuss how an auditor uses a top-down approach in the audit of internal control over financial reporting to select the controls to test. Compare and contrast a top-down approach versus a detailed approach in an audit. What would auditors gain from using a top-down approach?

Reference no: EM132088088

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