The period-end financial reporting process controls are always important. What are those controls and what should the auditor\'s evaluation of those controls include?

 Procedures used to enter transaction totals into the general ledge

• Select and apply accounting policies
• initiate, authorize, record, and process period end journal entries in the general ledger
•  Record recurring and nonrecurring adjustments to the annual and quarterly financial statements
• Prepare annual and quarterly financial statements and related disclosures
• The evaluation should include the inputs, procedures preformed, and outputs of the processes the company uses to produce its annual and quarterly financial statements.