Abstract
Compliance tests determine whether the firm’s transaction processing follows generally accepted accounting principles (GAAP). They have grown increasingly important and are the basis for much of the reporting in the SAS No. 115 letter to management, and support management’s response in the Sarbanes-Oxley letter. This chapter delineates the statistical tools used to insure cost-effective compliance testing in the audit.
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Christopher Westland, J. (2024). Interim Compliance Tests. In: Audit Analytics. Use R!. Springer, Cham. https://doi.org/10.1007/978-3-031-47464-4_8
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DOI: https://doi.org/10.1007/978-3-031-47464-4_8
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