Which of the following procedures would an auditor most likely perform in planning a financial statement audit?

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a. Inquiring of the client's legal counsel concerning pending litigation.

b. Comparing the financial statements to anticipated results.

c. Examining computer generated exception reports to verify the effectiveness of internal controls.

d. Searching for unauthorized transactions that may aid in detecting unrecorded liabilities.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 07, 2024 02:01 AM

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Which of the following procedures would an auditor most likely perform in planning a financial statement audit?

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In planning a financial statement audit an auditor most likely would perform option b b Comparing the financial statements to anticipated results Expl...View the full answer

Auditing An Assertions Approach

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