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audit risk and internal control procedures

Forums › ACCA Forums › ACCA AA Audit and Assurance Forums › audit risk and internal control procedures

  • This topic has 0 replies, 1 voice, and was last updated 10 years ago by ang.
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  • March 4, 2015 at 6:05 am #231183
    ang
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    • Topics: 1
    • Replies: 1
    • ☆

    The question stated that it lauched a new model car supported by three year money back guarantee.

    what is the audit risk and internal control procedures to mitigate?

    Another part,
    no provision is made for returns because in first year company only experienced a very small number of claims under the guarantee.

    what is the audit risk and internal control procedures to mitigate?

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