The risk assessment phase of an audit does not include: a. Gaining an understanding of the client.

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The risk assessment phase of an audit does not include:

a. Gaining an understanding of the client.

b. Audit execution and reporting.

c. Identification of factors that may affect the risk of a material misstatement in the financial statements.

d. Development of an audit strategy and a risk and materiality assessment.

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Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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Question Posted: Dec 30, 2019 06:05 AM

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The risk assessment phase of an audit does not include: a. Gaining an understanding of the client.

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Auditing A Practical Approach with Data Analytics

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