The second standard of fieldwork requires the auditor to do all of the following except: a. Understand

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The second standard of fieldwork requires the auditor to do all of the following except:

a. Understand the business and its environment.

b. Understand the risks related to financial reporting.

c. Perform analytical procedures to identify potential misstatements in the finan- cial statements.

d. Obtain an understanding of internal control and potential weaknesses in con- trols.

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Auditing Concepts For A Changing Environment

ISBN: 9781284249286

5th Edition

Authors: Larry E. Rittenberg, Bradley J. Schwieger

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