Auditors need to gain an understanding of the systems and controls. Reliance on internal controls will reduce the amount of substantive testing of transactions and resultant balances in the ledger accounts required. Which of the following are NOT key objectives of the internal auditor?

Select one:

a. The extent of reliance on controls to manage risks and the level of testing to be carried out

b. To review the organisations system of internal control

c. To provide assurance that the corporate governance requirements are being met.

d. To express an opinion on whether the financial statements are prepared, in all material respects, in accordance with an applicable financial reporting framework