Auditors should obtain copies of the client's code of ethics and minutes of the meetings of the board of directors to aid in their understanding of the company's management and governance structure.

Question

Quizplus · Accepted Answer

Obtaining copies of the client's code of ethics and minutes of the meetings of the board of directors can provide valuable insights into the company's management and governance structure, which can help auditors better evaluate the company's internal controls and risk management processes. Therefore, it is recommended that auditors obtain these documents as part of their audit procedures.

Auditors Should Obtain Copies of the Client's Code of Ethics