The working papers prepared during the engagement are the property of the
A)auditor,but do not include the working papers prepared by the client for the auditor.
B)auditor,even including working papers prepared by the client for the auditor.
C)client,who will provide copies to the auditor.
D)auditor and client jointly.

Question

Quizplus · Accepted Answer

The working papers prepared during the engagement are the property of the auditor, and this includes any working papers prepared by the client for the auditor. The auditor needs to ensure that they maintain the confidentiality and security of these working papers. It is important to note that the client has the right to access their own records, including the working papers prepared by the auditor, but the auditor still owns these documents.

The Working Papers Prepared During the Engagement Are the Property