Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder

تمرين 21

Which of the following is the most important reason for an auditor to gain an understanding of an audit client's system of internal control over financial reporting?
A) Understanding a client's system of internal control can help the auditor assess risk and identify areas where financial statement misstatements might be more likely.
B) Understanding a client's system of internal control can help the auditor make valuable recommendations to management at the end of the engagement.
C) Understanding a client's system of internal control can help the auditor sell consulting services to the client.
D) Understanding a client's system of internal control is not a required part of the audit process.