Audit documents record the results of the auditor's evidence-gathering procedures.When preparing audit documents, the auditor should remember that:
A)audit documents should be kept on the client's premises so that the client can have access to them for reference purposes.
B)audit documents should be the primary support for the financial report being examined.
C)audit documents should be considered as a substitute for the client's accounting records.
D)audit documents should be designed to meet the circumstances and the auditor's needs on each engagement.

Question

Quizplus · Accepted Answer

Audit documents should be designed to meet the circumstances and the auditor's needs on each engagement. This means that audit documents should be customized to fit the specific requirements of the audit engagement, ensuring that they are relevant and meaningful to the task at hand. Keeping audit documents on the client's premises (option A) is not necessary, and while audit documents should provide support for the financial report being examined (option B), they are not a substitute for the client's accounting records (option C).

Audit Documents Record the Results of the Auditor's Evidence-Gathering Procedures