Audit evidence to draw reasonable conclusions on which to base the auditor’s opinion is obtained by performing: (a) Risk assessment procedures; and (b) Further audit procedures, which comprise: Test of controls, when required by the SAs or when the auditor has chosen to do so; and
27 Risk assessment and Response With Example
27 Risk assessment and Response With Example
27 Risk assessment and Response With Example
Audit evidence to draw reasonable conclusions on which to base the auditor’s opinion is obtained by performing: (a) Risk assessment procedures; and (b) Further audit procedures, which comprise: Test of controls, when required by the SAs or when the auditor has chosen to do so; and