An auditor may compensate for a weakness or deficiency in the internal control by increasing the:

Question

Quizplus · Accepted Answer

When there is a weakness or deficiency in internal control, the auditor would need to perform more substantive tests to ensure that material misstatements are not present in the financial statements. Therefore, the extent of substantive tests should be increased. The extent of tests of controls may also need to be increased to determine the impact of the deficiency on internal control. However, this alone will not compensate for the weakness in internal control. Preliminary judgement about audit risk and detection risk are not directly affected by a weakness in internal control.

An Auditor May Compensate for a Weakness or Deficiency in the Internal