During which part of an audit examination is the preparation of flowcharts most appropriate?
A) When documenting the auditor's understanding of internal control
B) When evaluating the system of internal administrative control
C) When performing preliminary analytical procedures
D) When performing tests of controls

Question

Quizplus · Accepted Answer

Flowcharts are most appropriate during the documentation of the auditor's understanding of internal control, as they provide a visual representation of the system and help identify any weaknesses or inefficiencies. Flowcharts can also be used during other parts of an audit examination, but they are particularly useful during the understanding of internal control phase.

During Which Part of an Audit Examination Is the Preparation