Explain the difference between evaluating, reporting, and te
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Explain the difference between evaluating, reporting, and testing internal controls for a public and private companies. Under what circumstances might you attempt to apply the standards for public and private companies? When might you not attempt this? Explain please.
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Explain the difference between evaluating, reporting, and testing internal controls for a public and private companies. Under what circumstances might you attempt to apply the standards for public and private companies? When might you not attempt this? Explain please.
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Explain the difference between evaluating, reporting, and testing internal controls for a public and private companies. Under what circumstances might you attempt to apply the standards for public and private companies? When might you not attempt this? Explain please.
Solution:
Explain the difference between evaluating, reporting, and testing internal controls for a public and private companies.
The main difference lies in Section 404 of the Sarbanes-Oxley Act. When you evaluate, report and test the internal controls for a public ...
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