The in-charge auditor most likely would have a supervisory responsibility to explain to the staff assistants
A) That immaterial fraud is not to be reported to the client's audit committee.
B) How the results of various auditing procedures performed by the assistants should be evaluated.
C) How the overall audit strategy will allow the firm to reach a sufficiently low level of audit risk.
D) How overall materiality was selected.

Question

Quizplus · Accepted Answer

The in-charge auditor has a supervisory role and should provide guidance and direction to the staff assistants on how various audit procedures should be conducted and evaluated.

The In-Charge Auditor Most Likely Would Have a Supervisory Responsibility