The concept of a roll-forward process relates to _______.
A)audit risk
B)inherent risk
C)the timing of audit procedures
D)invoicing the client for work yet to be performed

Question

Quizplus · Accepted Answer

The roll-forward process is a procedure used by auditors to extend the time period under audit from the original balance sheet date to a later date of interest. This extension of the audit period requires the auditor to perform additional procedures to obtain sufficient and appropriate audit evidence as of the later date. The roll-forward process is related to the timing of audit procedures. Therefore, option C is the correct answer. The other options are unrelated to the roll-forward process.

The Concept of a Roll-Forward Process Relates to _______