Ultimately,the starting point of the integrated audit should be to understand all of the following except

Question

Quizplus · Accepted Answer

The results of direct account substantive testing are a part of the audit process, but they do not provide the starting point for the integrated audit. Instead, the starting point should be to understand the risks that the business faces in meeting its objectives, with a focus on the objective of accurate financial reporting, the incentives that may motivate management or other employees to misstate the financial statements, and the risks inherent in important business processes.

Ultimately,the Starting Point of the Integrated Audit Should Be to Understand