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Showing posts with the label Limitations of internal control systems bu soft skills

Limitations of internal control systems bu soft skills

soft skills Limitations of internal control systems Even if Control Systems are assessed as very strong, auditors will still do SOME substantive testing. Controls are never completely reliable because: ● staff make mistakes ● staff collude to override systems ● staff believe the cost of the control is greater than the benefit ... so refuse to do it ● controls are designed for normal events ... unique / new types of transaction may bypass the system