All of the following are risk assessment procedures for the audit of accounting estimates except: a. Gain
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All of the following are risk assessment procedures for the audit of accounting estimates except:
a. Gain an understanding of what is required by the applicable financial reporting framework.
b. Develop an auditor’s estimate.
c. Inquire about the outcome of prior-period estimates.
d. Determine if an identified risk should be assessed as a significant risk.
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Related Book For
Auditing A Practical Approach With Data Analytics
ISBN: 9781119785996
2nd Edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
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