Question: If an auditor adopts a predominantly substantive strategy for the audit, do they have to consider and test the client's internal controls? If an auditor

If an auditor adopts a predominantly substantive strategy for the audit, do they have to consider and test the client's internal controls? If an auditor adopts a combined audit strategy, do they have to perform any substantive procedures? Explain.

Step by Step Solution

3.41 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

The two types of audit strategy outlined Planning an Audit of Financial Statements are the predomina... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

787-B-A-A-P (1749).docx

120 KBs Word File

Students Have Also Explored These Related Auditing Questions!