When an auditor performs a review of an interim financial report which of the following steps would not be part of the review?
A)Review of ratios and trends.
B)Testing of the computer controls.
C)Reading the minutes of the shareholders' meetings.
D)Inquiry of management.

Question

Quizplus · Accepted Answer

Testing of the computer controls is typically part of an audit, not a review of interim financial reports. A review is less extensive than an audit and focuses more on analytical procedures and inquiries.

When an Auditor Performs a Review of an Interim Financial