Audit documentation is the written record of the basis for the auditor's conclusions that provides the support for the auditor's representations, whether those representations are contained in the auditor's report. Required: a. Assess the significance of documentation for audits. b. Discuss TWO (2) important factors that affect the form of audit documentation.
Audit documentation is the written record of the basis for the auditor's conclusions that provides the support for the auditor's representations, whether those representations are contained in the auditor's report. Required: a. Assess the significance of documentation for audits. b. Discuss TWO (2) important factors that affect the form of audit documentation.
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Question 2 (
Audit documentation is the written record of the basis for the auditor's conclusions that
provides the support for the auditor's representations, whether those representations are
contained in the auditor's report.
Required:
а.
Assess the significance of documentation for audits.
b.
Discuss TWO (2) important factors that affect the form of audit documentation.
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