Auditing And Assurance Services
Auditing And Assurance Services
17th Edition
ISBN: 9780134897431
Author: ARENS, Alvin A.
Publisher: PEARSON
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Chapter 23, Problem 12RQ
To determine

Identify the difference between lapping and kiting. State the audit procedures that are used to uncover each of them.

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Students have asked these similar questions
Distinguish between lapping and kiting. Describe audit procedures that can be used to uncover each.
Defining what lapping is and how it might be discovered by an auditor is the first step. The auditor should put extra effort on uncovering lapping when certain conditions are met.
What are some audit procedures that can be performed using CAATs?
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