Auditing and Assurance Services 1st Edition by Iris Stuart

Exercise 16

As the acceptable level of detection risk decreases, an auditor may change the a. Timing of substantive tests by performing them at an interim date rather than at year-end.
B) Nature of substantive tests from a less effective to a more effective procedure.
C) Timing of tests of controls by performing them at several dates rather than at one time.
D) Assessed level of inherent risk to a higher amount.