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Author Question: Risk assessment procedures are performed by the auditor to assess the risk of material misstatement ... (Read 105 times)

blinding37

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on: Aug 21, 2022
Risk assessment procedures are performed by the auditor to assess the risk of material misstatement in the financial statements. Below are four types of further audit procedures the auditor should perform that provide the basis for the auditor's opinion. Which of these are compliance procedures?
1.Tests of controls
2.Tests of details of balances
3.Substantive tests of transactions
4.Substantive analytical procedures

◦ 1, 2, and 3
◦ 2, 3, and 4
◦ 1 only
◦ 1 and 2
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by blinding37 on Aug 21, 2022

FireandIce

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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blinding37

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

emsimon14

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Reply 3 on: Yesterday
Excellent

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