Which of the following audit tests form the basis for an auditor's report on internal control over financial reporting?
A)Analytical procedures
B)Tests of transactions
C)Tests of controls
D)Tests of details of balances

Question

Quizplus · Accepted Answer

Tests of controls form the basis for an auditor's report on internal control over financial reporting. Analytical procedures, tests of transactions, and tests of details of balances are used to gather evidence on the fairness of the financial statements, but they do not directly relate to the auditor's report on internal control.

Which of the Following Audit Tests Form the Basis for an Auditor's