Question: The auditor should assess control risk for each relevant assertion by evaluating the evidence obtained from all sources, including a. The auditors testing of controls

The auditor should assess control risk for each relevant assertion by evaluating the evidence obtained from all sources, including

a. The auditor’s testing of controls for the audit of internal control on a public company. 

b. Misstatements detected during the financial statement audit.

c. Any control deficiencies identified during the audit.

d. All of the above.

Step by Step Solution

3.53 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a Incorrect Evidence obtained during the test of controls would be relevant to the assessment of con... View full answer

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

Document Format (1 attachment)

Word file Icon

332-B-A-A-A-N (1812).docx

120 KBs Word File

Students Have Also Explored These Related Auditing Questions!