After completing the preliminary phase of the review of internal control, the auditor decides not to rely on the system to restrict substantive procedures. Documentation may be limited to the auditor's:
A)understanding of the internal control.
B)reasons for deciding not to extend the review.
C)basis for concluding that errors and fraud will be prevented.
D)completed internal control questionnaire.

Question

Quizplus · Accepted Answer

The auditor should document their understanding of the internal control system even if they decide not to rely on it. This documentation should include the nature, timing, and extent of their preliminary review of internal control.

After Completing the Preliminary Phase of the Review of Internal