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This addresses SEC requirements, audits, and IT control.

In addition to financial statement audit, publicly traded companies have to file an annual report with Securities and Exchange Commission (SEC). The annual report includes financial statement audit report from an independent auditor. The audit report covers a review of the internal control.

Briefly give the specific requirements of each role, what skills do you think are important for financial auditors and for IT auditors?

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Both roles must be very detail oriented and have abilities in different areas. The main focus of the financial auditor will be on numbers, and more specifically, on calculations. The financial auditor is typically a CPA and has the knowledge and experience of a CPA, which becomes an asset in completing the financial audit. The financial auditor must follow GAAP in the performance of the audit and also must adhere to all applicable auditing standards as set forth in the SFAS ...

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This solution discusses the following question:

In addition to financial statement audit, publicly traded companies have to file an annual report with Securities and Exchange Commission (SEC). The annual report includes financial statement audit report from an independent auditor. The audit report covers a review of the internal control.

Briefly give the specific requirements of each role, what skills do you think are important for financial auditors and for IT auditors?

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