https://www.taxtmi.com/article/detailed?id=6776 The cost auditor must obtain and document sufficient knowledge of the business, its processes and the business environment-covering entity nature, industry/regulatory context, cost accounting policies, performance measurement, internal control components, IT controls and management information systems-to identify and assess risks of material misstatement at the cost statement and assertion levels, and to support audit planning and responsive procedures. en-us Sat, 09 Apr 2016 07:25:38 +0530 Sat, 09 Apr 2016 07:25:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6776 The cost auditor must obtain and document sufficient knowledge of the business, its processes and the business environment-covering entity nature, industry/regulatory context, cost accounting policies, performance measurement, internal control components, IT controls and management information systems-to identify and assess risks of material misstatement at the cost statement and assertion levels, and to support audit planning and responsive procedures. Articles Accounting - Auditing Sat, 09 Apr 2016 07:25:38 +0530 https://www.taxtmi.com/article/detailed?id=6776