When audit tests are performed at an interim date, the auditor must
A) obtain a letter from management to confirm the continued performance of internal controls and accuracy of the year-end balances.
B) perform roll forward audit procedures to determine whether a control continued to perform the same way through year-end.
C) reconcile account balances tested at an interim date with the year-end balances in the same accounts.
D) Both b) and c)

Question

Quizplus · Accepted Answer

When audit tests are performed at an interim date, it is important for the auditor to perform roll forward audit procedures to determine whether a control continued to perform the same way through year-end and reconcile account balances tested at an interim date with the year-end balances in the same accounts. Thus, option B) and C) are correct. Obtaining a letter from management to confirm the continued performance of internal controls and accuracy of the year-end balances is not sufficient as it does not provide the auditor with sufficient audit evidence. Thus, option A) is incorrect. Therefore, the best choice is D).

When Audit Tests Are Performed at an Interim Date, the Auditor