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.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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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.
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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