CAQ Symposium 2014: ICFR Panel Part III (Control Testing)

This video presents a portion of the panel discussion, part of the 2014 CAQ Annual Symposium, that examined the process (and challenges) of testing of internal controls, particularly around areas that address assessed risk of material misstatement, the deficiencies identified by PCAOB inspections, and potential root causes of those deficiencies.  

Held on August 3, 2014, in Atlanta, the Sixth CAQ Annual Symposium brought together leading academics and top practitioners from the public company auditing profession. The event, which coincides with the American Accounting Association’s Annual Meeting, is a key part of the CAQ’s ongoing dialogue with the academic community on how research can inform audit practice.