Which of the following is NOT one of the four phases in the audit process?
A) Complete the audit and issue the report.
B) Plan and design an audit approach.
C) Test controls and transactions.
D) Inform the client of any adjustments or corrections to be made to the financial statements.

Question

Quizplus · Accepted Answer

The four phases in the audit process are planning and designing an audit approach, testing controls and transactions, completing the audit and issuing the report, and communicating any adjustments or corrections to the client. Option D is incorrect as it is essentially a part of the final phase of the audit process - communication.

Which of the Following Is NOT One of the Four