ich of the following is not a valid statement with regard to obtaining an unders

Question

ich of the following is not a valid statement with regard to obtaining an understanding of internal control over financial reporting in an audit of ICFR (integrated audit)? 7. Whi a. The auditor uses a "top-down approach" to understand and identify entity-level controls. b. The auditor considers "scaling the audit" to effectively plan an audit engagement. e. The auditor only tests those controls that are important to his/her conclusions about whether the controls sufficiently address the risk of misstatement for each relevant assertion identified. d. The auditor uses "walkthroughs" to test and evaluate the effectiveness of controls.

Explanation / Answer

7.Which of the following is not a valid statement with regard to obtaining and understanding of internal control over financial reporting in an audit of ICFR(integrated audit)?

d.The auditor uses "walkthroughts" to test and evaluate the effectiveness of controls

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