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Author Question: When designing the audit program and the particular audit tests, the auditor should keep in mind that (Read 361 times)

0220521

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When designing the audit program and the particular audit tests, the auditor should keep in mind that
◦ the audit program is broken down into two parts-the risk assessment procedures and the tests of details of balances.
◦ the tests of controls will not vary depending on assessed control risk.
◦ analytical procedures performed during substantive testing are generally more focused and more extensive than those done as part of planning.
◦ auditing standards require that the tests contained in the audit program must be approved by the PCAOB.


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Marked as best answer by 0220521 on Aug 21, 2022

Burly

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0220521

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Reply 2 on: Aug 21, 2022
Excellent


mohan

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Reply 3 on: Yesterday
Gracias!

 

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