To support an assessment that controls are effective,what must an auditor do?
A)Achieve the same conclusion after appropriately testing internal control.
B)Achieve the opposite conclusion after appropriately testing internal control.
C)Perform increased substantive procedures.
D)Perform limited substantive procedures as the assessment is justified.

Question

Quizplus · Accepted Answer

To support an assessment that controls are effective, an auditor must achieve the same conclusion after appropriately testing internal control. This means that the auditor has reviewed and tested the controls in place and determined that they are operating effectively to mitigate risks. If the auditor were to achieve the opposite conclusion or perform increased substantive procedures, it would indicate that the controls in place are not effective and may require additional attention. Limited substantive procedures may be appropriate if the assessment is justified, but the key is to have sufficient evidence to support the conclusion that controls are effective.

To Support an Assessment That Controls Are Effective,what Must an Auditor