Sample size for remediated control 2563 | Corporate ESG
I would say it depends on the time difference between the interim testing and the re-testing after the remediation of the control weakness/deficiency and on the timing of the operation of the control. Is it …
Management's assessment on operating effectiveness 688
My client’s current external auditor, KPMG, wants management to state an opinion on whether the control is operating effectively for EACH single control. In other words, for each test there needs to …
Testing controls vs Implementing a new system 141
Our company is planning to implement new ERP software in Q4 and this will obviously have an impact on our controls as these will be (partly) replaced or improved. Our external auditor states that they …
Acceptable Failure Rates 859 | Corporate ESG
In this example, the auditor deemed a test of 25 cash disbursement transactions an appropriate sample size because the auditor was testing a manual control performed as part of the routine processing of …
Backup and Recovery controls 2674 | Corporate ESG
The key question is how does management obtain comfort that their data would be recoverable in the event of a failure and need to restore? Below is our objective and risk statement. Typically data …
Control Remediated but failed on re-test due to non activity 1309
On same logic, I am recommending the post year end re-testing to pass the control remediated as at year-end. If we keep them ineffective, this becomes a reportable condition to the Audit Committee, …
Sample size - Isolation testing 2738 | Corporate ESG
Specifically, let’s say you do rollforward testing for a transactional control. You test 60 transactions in 3 rounds of testing (so 20 each round). In the first round 1 of the transactions fails. Do you test another …
Control frequency sample size 1640 | Corporate ESG
When a process owner tells me that a control is performed ‘as needed’, I ask: ‘when?’ and ‘how often is this control needed?’ and, ‘over the past year, how many times has it been performed?’ (trying to …
Essential Tips for Tree Removal Safety Harbor FL: When to Address a ...
Nov 18, 2025 · Leaning trees can pose a significant risk to your property and personal safety. While some leaning trees grow naturally at an angle, others may lean due to structural issues, …
Audit sample methods 2507 | Corporate ESG
About systematic sample… for use this method for control audit, we should use a random number for choosing the first item of the sample, in order to use statistical sample (otherwise we do not give all …