If the evidence about internal controls does not support a previous conclusion regarding internal controls, the auditor should _______.
A)reassess internal controls at a higher level, and reevaluate the implications of a high control risk assessment on detection risk and the auditor's audit strategy
B)reassess internal controls at a lower level, and reevaluate the implications of a high control risk assessment on detection risk and the auditor's audit strategy
C)consider the use of specialists to test the client's system of internal control
D)wait until the end of the audit to perform further testing

Question

Quizplus · Accepted Answer

If the evidence about internal controls does not support a previous conclusion, the auditor should reassess the internal controls at a higher level and reevaluate the implications of a high control risk assessment on detection risk and the auditor's audit strategy. This is important to ensure that the audit is conducted in accordance with auditing standards and to obtain sufficient, appropriate audit evidence to support the audit opinion. reassessing controls at a lower level or waiting until the end of the audit can result in a failure to detect material misstatements in the financial statements, and considering the use of specialists may not always be necessary or appropriate.

If the Evidence About Internal Controls Does Not Support a Previous