Che Required information An Audit of Internal Control Over Financial Reporting Read the overview below and complete the activities that follow. The auditors' objective in an audit of internal control is to express an opinion on the company's internal control over its financial reporting. To meet this objective, an auditor must plan and perform the audit and obtain reasonable assurance. A properly planned audit does this in five distinct stages. CONCEPT REVIEW: A properly planned audit to report on internal control consists of the following five stages: 1) Plan the engagement 2) Use a top-down approach to identify controls to test; 3) Test and evaluate design effectiveness of internal control; 4) Test and evaluate operating effectiveness of internal control; and 5) Form an opinion on the effectiveness of internal control. Put the following planning steps of the audit of internal control over financial reporting in the correct order. Form an opinion on the effectiveness of internal control over financial Test and evaluate Test and evaluate design effectiveness Management's report on internal control Use a top- down approach to identify controls to test Issue audtors' Plan the operating effectiveness attostation engagement report reporting < Prev 3 4 of 15 Next> evaluate operating effectiveness of internal control; and 5) Form an opinion on the effectiveness of internal control. Put the following planning steps of the audit of internal control over financial reporting in the correct order. Form an Test and evaluate operating effectiveness Test and evaluate design effectiveness Management's ort on internal control opinion on the effectiveness of internal control over financial reporting Issue auditors' attestation report Use a top- down approach to identity controls to test Plan the engagement Reset