A partner of the accounting firm who has not been involved in the audit performs an engagement quality review of documentation. This review usually focuses on
A)the fair presentation of the financial statements in conformity with GAAP.
B)irregularities involving the client's management and its employees.
C)the materiality of the adjusting entries proposed by the audit staff.
D)the communication of internal control deficiencies to the client's audit committee (or those charged with governance).

Question

Quizplus · Accepted Answer

The engagement quality review focuses on ensuring that the financial statements are fairly presented in conformity with GAAP. It is a high-level review performed by a partner not involved in the audit to ensure that the audit has been satisfactorily performed and that the audit report appropriately reflects the results of the audit.

A Partner of the Accounting Firm Who Has Not Been