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 those 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

According to professional standards, working papers prepared by the auditor during an engagement are the property of the auditor, even if they include information provided by the client. However, the client has the right to request copies of the working papers. Therefore, choice B is correct.

The Working Papers Prepared During the Engagement Are the Property