Auditing and Assurance Services 1st Edition by Iris Stuart

Exercise 5

During the initial planning phase of an audit, a CPA most likely would a. Identify specific internal control activities that are likely to prevent fraud.
B) Evaluate the reasonableness of the client's accounting estimates.
C) Discuss the timing of the audit procedures with the client's management.
D) Inquire of the client's attorney as to whether any unrecorded claims are probably of assertion.