Final answer:
Internal auditors are most likely to emphasize risk assessment and internal controls in their work on interim financial statements.
Step-by-step explanation:
In their work on this year's interim financial statements, internal auditors are most likely to emphasize risk assessment and internal controls. Risk assessment involves identifying and evaluating risks that could affect the accuracy and reliability of the financial statements. Internal controls are the policies and procedures implemented by a company to safeguard its assets, ensure accurate financial reporting, and promote operational efficiency.
By focusing on risk assessment, internal auditors can identify potential errors or fraudulent activities that may impact the financial statements. They can then design and implement internal controls to mitigate these risks and enhance the reliability of the financial statements. Examples of internal controls include segregation of duties, access controls, and regular monitoring and reporting.