A
The auditor should design sufficient tests of controls to obtain reasonable assurance that the controls are operating effectively throughout the period of reliance.
In the AL( posted this to show what is in AL
The auditor should design sufficient tests of controls to obtain sufficient appropriate audit evidence that the controls are operating effectively throughout the period of reliance. Factors that the auditor may consider in determining the extent of tests of controls include the following:
a. The frequency of the performance of the control by the entity during the period
b. The length of time during the audit period that the auditor is relying on the operating effectiveness of the control
c. The relevance and reliability of the audit evidence to be obtained in supporting that the control prevents, or detects and corrects, material misstatements at the relevant assertion level
d. The extent to which audit evidence is obtained from tests of other controls related to the relevant assertion
e. The extent to which the auditor plans to rely on the operating effectiveness of the control in assessment of risk (and thereby reduce substantive procedures based on the reliance on such control)
f. The expected deviation from the control
AUD 69, 92 7/15 Gleim and Ninja test bank
FAR sometime in 10/15 Gleim
BEC not taken
REG not taken