As discussed in the chapter, the results of tests of controls should ultimately influence the auditors audit
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As discussed in the chapter, the results of tests of controls should ultimately influence the auditor’s audit strategy.
Required
Explain the differences between an audit of internal controls as required by AS 2201 and the testing of internal controls for the purposes of expressing an opinion on the financial statements as mandated by AU-C 315. Refer to the standards in your answer.
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PCAOB AS 2201 is focused on performing an integrated audit using a topdown approach to understanding ...View the full answer
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Related Book For 
Auditing A Practical Approach With Data Analytics
ISBN: 9781119785996
2nd Edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton
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