When planning an audit, an auditor should a. Consider whether the extent of substantive procedures may be
Question:
When planning an audit, an auditor should
a. Consider whether the extent of substantive procedures may be reduced based on the results of tests of controls.
b. Determine overall materiality for audit purposes.
c. Conclude whether changes in compliance with prescribed internal controls justify reliance on them.
d. Evaluate detected misstatements.
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Related Book For
Auditing & Assurance Services A Systematic Approach
ISBN: 978-1260687637
11th Edition
Authors: William F Messier Jr, Steven M Glover, Douglas F Prawitt
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