Which of these steps in planning the audit is out of sequence?
A) obtaining an understanding of the entity's internal control structure.
B) obtaining an understanding of the entity and its environment.
C) making preliminary judgements about materiality levels.
D) considering the audit risk

Question

Quizplus · Accepted Answer

Understanding the entity's internal control structure typically comes after obtaining an understanding of the entity and its environment, making preliminary judgments about materiality, and considering audit risk.

Which of These Steps in Planning the Audit Is Out