The partner performing an engagement quality review will review the working papers and financial statements but will not perform which of the following?
A)Assess completeness of the audit work and sufficiency of the evidence.
B)Determine the adequacy of financial statement disclosures.
C)Raise questions about the reasonableness of various financial statement presentations.
D)Perform a substantial portion of the audit procedures as an additional check.

Question

Quizplus · Accepted Answer

The partner performing an engagement quality review will not perform a substantial portion of the audit procedures as this is the responsibility of the audit team. The review is an additional check to ensure the audit was performed in accordance with auditing standards and the financial statements are free from material misstatements. The partner will review the working papers and financial statements to assess completeness, sufficiency, adequacy of disclosures, and reasonableness of various financial statement presentations.

The Partner Performing an Engagement Quality Review Will Review the Working