Читать книгу Wiley Practitioner's Guide to GAAS 2020 - Joanne M. Flood - Страница 107

Judgments about the risk of material misstatements due to fraud may affect the audit in the following ways:

1 Assignment of personnel and supervision. The personnel assigned to the engagement should have the knowledge, skill, and experience necessary to address the auditor’s assessment of the level of risk of the engagement. The extent of supervision should also reflect the level of risk.

2 Accounting principles. The auditor should evaluate management’s selection and application of significant accounting principles, particularly those relating to subjective measurements and complex transactions. The auditor should also consider whether the collective application of the principles indicates a bias that may create a material misstatement.

3 Predictability of audit procedures. The auditor should vary procedures from year to year to create an element of unpredictability. For example, the auditor may perform unannounced procedures or use a different sampling method.

(AU-C 240.29)