An internal auditor is trying to assess control risk and the effectiveness of an organization's internal controls. Which of the following audit procedures would not provide assurance to the auditor on this matter?
An internal auditor is trying to assess control risk and the effectiveness of an organization's internal controls. Which of the following audit procedures would not provide assurance to the auditor on this matter?
Reading the board's minutes would not provide the auditor with direct evidence regarding the control risk and the effectiveness of internal controls. This procedure is more likely to be useful for understanding high-level decisions and policies rather than evaluating the specific internal controls in place. To assess control risk and the effectiveness of internal controls, more direct methods such as interviewing employees, observing operations, and inspecting manuals and documents would be necessary.
Why not D
Inspecting Manuals and documents is part of fieldwork