Chapter 7 Discussions 1 What is the Committee of Sponsoring Organizations (COSO)? Summarize its hist

Chapter 7 Discussions

1 What is the Committee of Sponsoring Organizations (COSO)? Summarize its history and explain why it is relevant to auditing

2 Explain what internal control means and explain how internal control relates to auditing

3 Discuss the term audit programs – what are they are why are audit programs important to the audit process?