Question

select all that apply which of the following are objectives when performing an integrated audit? (select all that apply.) multiple select question. obtain sufficient evidence to support auditor's opinion that immaterial errors have been detected. obtain sufficient evidence to support the auditor's opinion on icfr at year-end. obtain sufficient evidence to support the auditor's control risk assessments for audit of financial statements. obtain sufficient evidence to support auditor's guarantee that financial statements are free of material misstatements.

Answer 1

The objectives of performing an integrated audit include evaluating the effectiveness of internal controls, assessing the risk of material misstatements, and providing assurance of the financial statements' reliability.

Step-by-step explanation:

When performing an integrated audit, the objectives are:

• Obtain sufficient evidence to support the auditor's opinion on ICFR at year-end: This objective involves evaluating the effectiveness of internal controls over financial reporting to ensure they are reliable.
• Obtain sufficient evidence to support the auditor's control risk assessments for audit of financial statements: This objective includes assessing the risk of material misstatements in the financial statements, based on the auditor's understanding of the entity and its environment.
• Obtain sufficient evidence to support auditor's guarantee that financial statements are free of material misstatements: This objective aims to provide assurance that there are no significant errors or misstatements in the financial statements that could affect their reliability.