Question: Question 1 How would testing controls help the auditor form an opinion on the truth and fairness of the financial statements? In other words, how

Question 1 How would testing controls help the auditor form an opinion on the truth and fairness of the financial statements? In other words, how will the auditor know if the financial statements give a true and fair view without actually checking the numbers but by just testing the controls?

Question 2 How is testing controls different from understanding internal controls?

Question 3 Explain nature, timing and extent of audit procedures.

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