During which phases of the financial statement audit does the auditor "conduct quality control" when using a risk assessment approach?
A)the risk assessments
B)the risk responses
C)the reporting process
D)performance and reporting phases

Question

Quizplus · Accepted Answer

Quality control in a financial statement audit, especially when using a risk assessment approach, is conducted throughout the audit process, but it is specifically emphasized during the performance and reporting phases to ensure that the audit is conducted in accordance with the applicable standards and that the report issued is appropriate based on the audit findings.

During Which Phases of the Financial Statement Audit Does the Auditor