Which of the following is not a procedure normally performed while completing the audit?
A)Obtain a lawyer's letter.
B)Obtain a representations letter.
C)Perform an overall review using analytical procedures.
D)Obtain confirmation of capital stockholdings from shareholders.

Question

Quizplus · Accepted Answer

Obtaining confirmation of capital stockholdings from shareholders is not a procedure normally performed while completing the audit. Instead, auditors commonly obtain a lawyer's letter and representations letter as part of their audit procedures. Additionally, an overall review using analytical procedures is a common step in completing an audit.

Which of the Following Is Not a Procedure Normally Performed