Question: AU - C 2 4 0 ( formerly SAS No . 9 9 ) requires that an auditor perform three additional procedures to deal with

AU-C 240(formerly SAS No.99) requires that an auditor perform three additional procedures to deal with the risk of management override of internal controls. Which of the following is one of those additional procedures:
A. Perform a physical observation of inventories
B. Confirm trade receivables
C. Conduct a brainstorming session
D. Evaluate the business rationale for significant unusual transactions

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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

Students Have Also Explored These Related Accounting Questions!