1 Required information Processes, Significant Accounts, and Transaction Types Read the comprehension case and answer the questions that follow Auditors use a top-down approach to identify controls to test, "top-down" meaning that the controls start at the top of an organization with the financial statements, as well as entity-level controls. CONCEPT REVIEW: Entity-level controls are included in the control environment sometimes specifically in monitoring. Examples include tone at the top, assignment of authority and responsibility, and corporate codes of conduct 1. The auditor's goal is to focus on testing controls that areimportant to the auditor's conclusion on internal control level controls are included in the control environment, or monitoring components, of internal control 2. 3. Theapproach starts with controls such as financial statements and entity-level controls 4. The of entity-level controls distinguishes them from other controls least less most possibly controls over computer systems have a pervasive effect