which factor deals most directly with expected intentional misstatements 620633
Aug 30, 2021 | Uncategorized
Which factor deals most directly with expected intentional misstatements?
The SAS provide authoritative guidance.
Independence is required for performing attest engagements.
The auditor wants to minimize the likelihood of association with a client whose management lacks integrity.
Remember that audits may sometimes be affected by subsequent discovery of facts existing at the date of the audit report.
What real world difficulty makes detecting misstatements difficult?
For most assertions tests of controls are not required.
The auditor is trying to determine the effectiveness of internal control.
The auditor is not evaluating the effectiveness of internal control.
Which set of procedures is used to design the others?