Explain how auditors record systems of internal control including the use of, narrative notes, flowcharts and questionnaires.

Auditors use various methods to record systems of internal control. These methods include the use of narrative notes, flowcharts, and questionnaires. Here's how each method works:

1. Narrative Notes: This is a detailed written description of a company's internal control system. Auditors use narrative notes to document the sequence of activities in a transaction from start to finish. They record who does what, when, and how, as well as any controls in place to ensure accuracy and prevent fraud. This method is very thorough but can be time-consuming and difficult to review quickly.

2. Flowcharts: These are visual representations of a company's internal control system. They show the flow of transactions through the system, including where decisions are made and controls are applied. Flowcharts can be easier to understand and review than narrative notes, especially for complex systems. However, they may not capture all the details of the system.

3. Questionnaires: These are standardized forms that auditors use to gather information about a company's internal control system. They contain questions about various aspects of the system, such as who is responsible for certain activities and what controls are in place. Questionnaires can be a quick and efficient way to gather information, but they may not be as thorough as narrative notes or flowcharts.

In practice, auditors often use a combination of these methods to record systems of internal control. The choice of method depends on the complexity of the system, the auditor's familiarity with it, and the specific objectives of the audit.