When planning an audit, an auditor should a. Consider whether the extent of substantive procedures may be
Question:
When planning an audit, an auditor should
a. Consider whether the extent of substantive procedures may be reduced based on the results of the internal control questionnaire. Lb. Determine planning materiality for audit purposes.
c. Conclude whether changes in compliance with prescribed internal controls justify reliance on them.
d. Prepare a preliminary draft of the management representation letter. p-968
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Auditing And Assurance Services A Systematic Approach
ISBN: 9780073337203
5th Edition
Authors: William Messier, Steven Glover, Douglas Prawitt
Question Posted: