If an auditor decides not to depend on controls, they should document the additional audit steps they took.
By doing this, you can simplify your substantive processes. Even though controls appear reasonable, there is one reason you might opt against testing them: time-consuming substantive tests might take less time. After the risk assessment is complete, your responses—the ensuing audit procedures—are based on efficiency and effectiveness.
43 The nature, timing, and extent of substantive procedures should be reevaluated based on a revised assessment of the assessed level of control risk for the relevant financial statement if the auditor determines that the sample results do not support the planned assessed level of control risk for an assertion.
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