The preliminary assessment of control risk includes all the following procedures except Consider the results of previous audits that involved evaluating the operating effectiveness of internal control. Interview entity personnel to find evidence of management's commitment to the design, implementation and maintenance of sound internal control. Identify possible liabilities which may arise. O Discuss the possibility of audit risk with audit firm personnel.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
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The preliminary assessment of control risk includes all the following procedures except:
Consider the results of previous audits that involved evaluating the operating effectiveness of internal control.
Interview entity personnel to find evidence of management's commitment to the design, implementation and
maintenance of sound internal control.
Identify possible liabilities which may arise.
O Discuss the possibility of audit risk with audit firm personnel.
Transcribed Image Text:The preliminary assessment of control risk includes all the following procedures except: Consider the results of previous audits that involved evaluating the operating effectiveness of internal control. Interview entity personnel to find evidence of management's commitment to the design, implementation and maintenance of sound internal control. Identify possible liabilities which may arise. O Discuss the possibility of audit risk with audit firm personnel.
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