Reperformance _______.
A)should be delegated to the internal audit function
B)should be the responsibility of the client's legal counsel
C)is mandatory at every client audit
D)is likely to be used, but would be determined by the auditor's professional judgment

Question

Quizplus · Accepted Answer

Reperformance is a form of audit evidence gathering where the auditor independently performs procedures or controls that were originally performed by the client. The decision to use reperformance and the extent of such tests would depend on the auditor's professional judgment and assessment of the risks involved. While it may be commonly used in audits, it is not mandatory for every client audit. It is also not appropriate to delegate this responsibility to the internal audit function or the client's legal counsel, as it is the responsibility of the external auditor to obtain sufficient and appropriate audit evidence.