Option #1: Setting Up Your Cloud Folder and Reviewing Changes to Working Papers
Complete Labs 5-1 and 5-2 (pages 203-204 in your text). Upload the resulting documents to your instructor and answer the following synthesis questions about the assignment:
Q1. What are the important components of a shared document folder, and why do we use them for audits?
Q2. What differences exist between the tasks of internal or external auditors? Are continuous audits done by one, either or both?
Q3. What is the importance of time stamping documents? What other components might be important as documents are changed? Initials of the auditor? Notations of changes made?
Your well-written paper must be 3-4 pages in addition to title and reference pages, page paper must include five references, and at least two being scholarly/peer-reviewed discovered through the CSU-Global library. The paper should be formatted according to the CSU-Global Guide to Writing and APA. Cite at least two peer-reviewed sources in addition to the required reading for the module.