Regardless of the assessed level of control risk, an auditor would perform some a. Tests of controls

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Regardless of the assessed level of control risk, an auditor would perform some

a. Tests of controls to determine the effectiveness of internal controls.

b. Analytical procedures to verify the design of internal controls.

c. Substantive procedures to restrict detection risk for significant transac- tion classes.

d. Dual-purpose tests to evaluate both the risk of monetary misstatement and preliminary control risk. P-985

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Auditing And Assurance Services A Systematic Approach

ISBN: 9780073337203

5th Edition

Authors: William Messier, Steven Glover, Douglas Prawitt

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