What is the purpose of an audit procedure that involves independent execution of controls originally performed by client personnel?

The purpose of an audit procedure that includes the independent execution of controls originally performed by client personnel is primarily to ensure effective execution of the audit strategy. This approach allows auditors to independently assess the effectiveness of the client's internal controls. By replicating these controls, auditors can gather direct evidence about their performance and efficacy, which is critical to forming a comprehensive view of the organization’s financial reporting and risk management processes.

When auditors independently perform the controls, they can identify potential weaknesses or issues that may not be apparent through observation or inquiry alone. This independent execution is essential in validating the reliability of the control framework established by the client. It aligns with the auditor's responsibility to provide a fair and accurate assessment of the client’s financial statements and to ensure that the audit strategy is adequately addressing the areas of greatest risk.

This audit procedure therefore directly ties into the effectiveness of the audit strategy, ensuring that auditors can modify their approach as necessary based on the findings. It enhances the overall quality of the audit and increases the assurance provided to stakeholders regarding the financial statements.