The auditor should document the audit strategy in the form of a memorandum containing the key decisions about the scope,timing,and conduct of the audit.This documentation
A)includes a list of the key decisions necessary to perform testing
B)is a recommended part of the work papers
C)communicates the planning process to the client
D)provides the basis for the audit plan to address the important issues identified in the audit strategy

Question

Quizplus · Accepted Answer

The audit strategy memorandum provides the foundation for developing the detailed audit plan, addressing the important issues identified during the strategy phase.

The Auditor Should Document the Audit Strategy in the Form