Explain auditor responsibilities related to internal control, Auditing

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Explain auditor responsibilities related to internal control

Response to the following questions:

1. What is the auditor's responsibility for obtaining an understanding of internal control? How does that responsibility differ for audits of public and nonpublic companies?

2. When performing an integrated audit of a public company, what are the auditor's responsibilities related to internal control as required by PCAOB standards?

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Auditing: Explain auditor responsibilities related to internal control

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