sir in SA-315, five components of I.C. are given and in RTP may 17, pages 140 to 147, the same components are given. Is there any difference in the RTP content and content of SA- 315? if yes, please explain in brief sir. thanks

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sir in SA-315, five components of I.C. are given and in RTP may 17, pages 140 to 147, the same components are given. Is there any difference in the RTP content and content of SA- 315? if yes, please explain in brief sir. thanks

Questions › Category: SA-315 › sir in SA-315, five components of I.C. are given and in RTP may 17, pages 140 to 147, the same components are given. Is there any difference in the RTP content and content of SA- 315? if yes, please explain in brief sir. thanks

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vineet more asked 7 years ago

Question Tags: Components of internal control, i.c., internal control

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Ravi Staff answered 7 years ago

Hello Vineet
Internal Control Components as per SA 315 and RTP are same. question can be asked on individual component also.
Explanation under headings is changed, language is simplified but overall content is same. It is similar to SA 315. Actually it should have been from SA 315 as it is. but they have explained in their ow words.