Questions
1. When auditing cash, which of the management assertions discussed in

Questions
1. When auditing cash, which of the management assertions discussed in SAS No. 106,
“Audit Evidence,” are of primary concern to an auditor? Why?
2. Identify audit procedures that should be applied to cash funds maintained by a
client on its business premises.
3. Identify mistakes or oversights made by Arthur Andersen personnel while
auditing the cash funds at the 177th Street Branch
Please review the case facts and answer the questions.
Please note that for question number 1, ignore SAS 106 and instead refer to AS 1105, Audit Evidence, which can be found here: https://pcaobus.org/oversight/standards/auditing-standards/details/AS1105