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Which of the following provides the best method of obtaining an understanding of a continuing client's business for planning an audit? Performing tests of details
Which of the following provides the best method of obtaining an understanding of a continuing client's business for planning an audit?
| Performing tests of details of transactions and balances | |
| Reviewing prior year audit documentation and the permanent file for the client | |
| Reading specialized industry journals | |
| Reevaluating the client's internal control environment |
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Financial Accounting Cases
Authors: Camillo Lento, Jo-Anne Ryan
3rd Canadian Edition
1119594642, 978-1119594642
