In auditing intangible assets,an auditor most likely would review or recompute amortization and determine whether the amortization period is reasonable in support of management's financial statement assertion of

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When auditing intangible assets, an auditor's main concern is to ensure that the intangible assets are properly valued and allocated on the financial statements in accordance with accounting principles. Amortization expense is one of the key factors that can affect the value of intangible assets. Therefore, an auditor would review or recompute amortization and determine whether the amortization period is reasonable in support of management's financial statement assertion of valuation and allocation. The other choices (existence, completeness, rights and obligations) are not directly related to the amortization of intangible assets.

In Auditing Intangible Assets,an Auditor Most Likely Would Review or Recompute