The permanent section of the auditor's working papers generally should include:
A) a copy of key customer confirmations.
B) a copy of the engagement letter.
C) time and expense reports.
D) names and addresses of all audit staff personnel on the engagement.

Question

Quizplus · Accepted Answer

The permanent section of the auditor's working papers should include items of a continuing nature that are useful in future audits. This includes the engagement letter, which outlines the scope, objectives, and responsibilities of the auditor and client. Key customer confirmations and time and expense reports are part of the current year's audit and should be filed in the current working papers. Names and addresses of audit staff personnel can be included in the current working papers, but do not need to be in the permanent section.

The Permanent Section of the Auditor's Working Papers Generally Should