In obtaining an understanding of an entity's internal control relevant to audit planning, an auditor...
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Accounting
In obtaining an understanding of an entity's internal control relevant to audit planning, an auditor is required to obtain knowledge about the Design of the controls pertaining to internal control components. Effectiveness of controls that have been implemented. Controls related to each principal transaction class and account balance. Consistency with which controls are currently being applied. 
In obtaining an understanding of an entity's internal control relevant to audit planning, an auditor is required to obtain knowledge
about the
Design of the controls pertaining to internal control components.
Effectiveness of controls that have been implemented.
Controls related to each principal transaction class and account balance.
Consistency with which controls are currently being applied.
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