The written record that forms the basis for the auditor's conclusions is referred to as what?
A)Audit documentation.
B)Audit adjustment.
C)Accounting records.
D)Footing.

Question

Quizplus · Accepted Answer

Audit documentation is the written record of the auditor's work which includes the auditor's conclusions, evidence obtained, and any audit adjustments made. It serves as the basis for the auditor's opinion on the financial statements. Choice B (Audit adjustment) refers specifically to a change made by the auditor to the client's financial statements, while choice C (Accounting records) refers to the client's own records that the auditor uses as evidence. Choice D (Footing) refers to the process of verifying the accuracy of the client's calculations.

The Written Record That Forms the Basis for the Auditor's