In an Integrated Audit, what is the independent external auditor primary concerned with?
A) Detecting all errors.
B) Determining the effectiveness of operations.
C) Determining whether the internal controls are effective.
D) Determining whether the controls promote efficiency.

Question

Quizplus · Accepted Answer

In an Integrated Audit, the independent external auditor’s primary concern is to determine whether the internal controls are effective. This includes evaluating the design and operating effectiveness of internal controls over financial reporting, as well as assessing the risks of material misstatement in financial statements. While detecting errors is important, it is not the primary focus of an Integrated Audit. Similarly, while promoting efficiency and determining the effectiveness of operations are important, they are not the primary concerns of the auditor in an Integrated Audit.

In an Integrated Audit, What Is the Independent External Auditor