The firm of Banta, Brown, and Burgess, CPAs, requires that audit documentation contain the initials of the preparer and the reviewer in the top right-hand corner. This procedure provides evidence of professional concern regarding which generally accepted auditing standard?

Question

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The requirement of including the initials of the preparer and the reviewer in the audit documentation in the top right-hand corner provides evidence of professional concern regarding the generally accepted auditing standard of adequate planning and supervision. This standard requires that the audit is appropriately planned and supervised to ensure that the work is appropriately performed, and the audit documentation is complete and accurate. This requirement ensures that the individuals responsible are identified and held accountable for their work.

The Firm of Banta, Brown, and Burgess, CPAs, Requires That