Which of the following statements is true?
If we are using a substantive-only approach, we are not required to obtain an understanding of the SCOT.
We may confirm our understanding of a SCOT concurrently with our substantive procedures if we rely on controls for the relevant assertion.
We are not required to identify the IT systems used in processing the SCOT if we do not rely on controls for the audit.
We identify the IT applications relevant to our audit as we understand the significant classes of transactions (SCOTs) and the financial statement close process (FSCP) sub-processes
根据企业会计准则第39号——公允价值计量(2014)-第四章 市场参与者-第十五条，企业在确定市场参与者时，应当考虑所计量的相关资产或负债、该资产或负债的主要市场（或最有利市场）以及在该市场上与企业进行交易的市场参与者等因素，从总体上识别市场参与者。
在审计过程中，审计师需要对企业的关键交易类别（SCOTs）和财务报表闭环过程（FSCP）子过程有深入的理解，这包括识别与审计相关的IT应用程序。即使审计师不依赖控制来进行审计，也需要识别处理SCOT的IT系统，因为这些系统可能影响交易的处理和财务报表的准确性。
因此，正确的陈述是：“We identify the IT applications relevant to our audit as we understand the significant classes of transactions (SCOTs) and the financial statement close process (FSCP) sub-processes”。其他陈述要么不完整，要么不准确。
