One of Johnson CPAs largest audit clients, Seaco Company has been hacked. The extent and breadth of the hack is still being determined by IT experts. The partners of the audit firm are meeting with senior management of the firm to discuss the breach. Historically, Seaco Company has had a strong system of internal control. Which of the following statements best describes the audit firms actions related to internal control during the next audit? Upon learning of this breach of a major client, the auditors should convene a private meeting among the partners to determine if the best course of action would be to no longer audit this client. The audit firm has worked hard to build up a good reputation, which could easily be damaged if they continue auditing this client. The auditors have had prior experience with the client's system of internal control and know that it has historically been robust and effective. As a result, it is unlikely that the controls themselves have been compromised and thus the auditor should plan to audit the firm as normal with respect to internal control. The auditor should assume that, as a result of the breach, all of the client's internal controls may have been breached and may now be ineffective. As a result, the auditors will likely spend increased time testing both the client's internal controls and performing additional substantive testing in order to gain the necessary assurance for the audit. Based on the information supplied to them by the client, the auditor should consider a reliance on controls strategy. This strategy will help the auditor to determine the extent to which the breach has affected internal controls, and will allow the auditor to supply management with a list of corrections.