The auditor performs a walkthrough of the processes and concludes that the design of controls
addresses the relevant assertions, and that if the controls are operating effectively, the auditor
could conclude that internal control over financial reporting is effective.

Question

Quizplus · Accepted Answer

A walkthrough helps the auditor understand the design of controls and assess their effectiveness in addressing relevant assertions, which is crucial for evaluating internal control over financial reporting.

The Auditor Performs a Walkthrough of the Processes and Concludes