What sources of information can an auditor use to develop expectations? Give examples.© BrainMass Inc. brainmass.com June 3, 2020, 11:31 pm ad1c9bdddf
When you say 'develop expectations', I assume that to mean that in auditing planning, the auditors develop expectations about what they expect to confirm with regard to the fair presentation of the financial statements of a client.
Normally audit clients have internally prepared financial statements that must be tested. ...
The solution lists 10 sources of information an auditor may use to develop expectations in the audit planning process.