A primary objective of procedures performed to obtain an understanding of internal control is to provide an auditor with _____.

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22-08-2022
Business

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A primary objective of procedures performed to obtain an understanding of internal control is to provide an auditor with _____.

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smecloudbird17 smecloudbird17 · Answer 1 · 2022-08-30T11:47:14+02:00

A primary objective of procedures performed to obtain an understanding of internal control is to provide an auditor with knowledge.

Knowledge is important to decide the nature, timing and extent of further audit procedures.

Audit Procedures are utilized by auditors to decide the nature of the monetary data being provided by their clients, bringing about the declaration of an evaluator's perspective.

Internal Data is an interaction, affected by a top managerial staff, the executives and other faculty, to give sensible assurances i.e.

The data is reliable, exact and timely, appropriate consistency with regulations, guidelines, strategies, agreements and methodology.

To learn more about internal control to provide an auditor with knowledge.

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