Explain “walk-through.” Explain whether walk-through should be performed during audits of internal control over financial reporting. Comment whether the client should perform a walk-through and the auditors then review the client’s work.

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Answer 1

Question

Chapter 18, Problem 9RQ

To determine

Explain “walk-through.” Explain whether walk-through should be performed during audits of internal control over financial reporting. Comment whether the client should perform a walk-through and the auditors then review the client’s work.

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Answer 2

Question

Chapter 18, Problem 9RQ

To determine

Explain “walk-through.” Explain whether walk-through should be performed during audits of internal control over financial reporting. Comment whether the client should perform a walk-through and the auditors then review the client’s work.

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Answer 3

Question

Chapter 18, Problem 9RQ

To determine

Explain “walk-through.” Explain whether walk-through should be performed during audits of internal control over financial reporting. Comment whether the client should perform a walk-through and the auditors then review the client’s work.

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Answer 4

Question

Chapter 18, Problem 9RQ

To determine

Explain “walk-through.” Explain whether walk-through should be performed during audits of internal control over financial reporting. Comment whether the client should perform a walk-through and the auditors then review the client’s work.

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Answer 5

Chapter 18, Problem 9RQ

To determine

Explain “walk-through.” Explain whether walk-through should be performed during audits of internal control over financial reporting. Comment whether the client should perform a walk-through and the auditors then review the client’s work.

Answer 6

Chapter 18, Problem 9RQ

To determine

Explain “walk-through.” Explain whether walk-through should be performed during audits of internal control over financial reporting. Comment whether the client should perform a walk-through and the auditors then review the client’s work.

Answer 7

Chapter 18, Problem 9RQ

To determine

Explain “walk-through.” Explain whether walk-through should be performed during audits of internal control over financial reporting. Comment whether the client should perform a walk-through and the auditors then review the client’s work.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 18 - Prob. 1RQ Ch. 18 - Prob. 2RQ Ch. 18 - Prob. 3RQ Ch. 18 - Prob. 4RQ Ch. 18 - Prob. 5RQ Ch. 18 - Prob. 6RQ Ch. 18 - Prob. 7RQ Ch. 18 - Prob. 8RQ Ch. 18 - Prob. 9RQ Ch. 18 - Prob. 10RQ

Explain “walk-through.” Explain whether walk-through should be performed during audits of internal control over financial reporting. Comment whether the client should perform a walk-through and the auditors then review the client’s work.

Solution Summary: The author explains that a walk-through should be performed during audits of internal control over financial reporting. The management of the client tracks the misstatement from its origin to its recording in the financial statements.

Concept explainers

Explain “walk-through.” Explain whether walk-through should be performed during audits of internal control over financial reporting. Comment whether the client should perform a walk-through and the auditors then review the client’s work.

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Chapter 18 Solutions