The auditor should consider matters for disclosure only while gathering evidence during the course of the audit.

Question

Quizplus · Accepted Answer

The auditor should consider matters for disclosure throughout the audit process, not just while gathering evidence. This includes considering the adequacy of disclosures in the financial statements and whether there are any known or potential events that may require disclosure to prevent the financial statements from being misleading.

The Auditor Should Consider Matters for Disclosure Only While Gathering