In designing written audit plans, an auditor should establish specific audit objectives that relate primarily to...
In designing written audit plans, an auditor should establish specific audit objectives that relate primarily to the:
Multiple Choice
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cost-benefit of gathering techniques.
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financial statement assertions.
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selected audit techniques.
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timing of audit procedures.
Homework Answers
Your required answer is option B i.e. Financial Statement Assertions.
Explanation:
The auditor should establish specific audit objective while designing written audit plans that relates primarily with financial statement assertions. Because audit is conducted to enhance the confidence user and obtaining and evaluating evidence on financial statement that is prepared by management, therefore it is required to write all the assertions that the auditor wants to check.
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In designing written audit plans, an auditor should establish
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