Tag Archives: Test of controls

Audit approach

Posted 8th June 2018 by Candice De Nobrega & filed under Auditing,

Initial audit approach During the planning stage of the audit, the auditor performs risk assessment procedures in order to understand the entity, it’s environment and internal control. With this understanding the auditor is able to identify risks of material misstatement. These are risks that could affect the fair presentation of the balances and class of […]