Choose all the correct options

Question

In obtaining an understanding of an entity's internal control in a financial statement audit, an auditor is not obligated to:

Accepted Answer

Search for significant deficiencies in the operation of internal control.

Answer

Determine whether the control activities have been implemented.

Answer

Perform procedures to understand the design of internal control.

Answer

Document the understanding of the entity's internal control components.

In obtaining an understanding of an entity's internal control in a financial statement audit, an auditor is not obligated to: