Syed Hussein, the partner on the Rimouski Copper audit called a meeting of his senior staff during the engagement wrap-up. Which of the following areas would be the least likely to be
Covered during the wrap up?

Question

Quizplus · Accepted Answer

The preparation of budgets for the following year's audit would not typically be covered during the engagement wrap-up as it is a forward-looking task. The other options, such as considering materiality, removing unnecessary documentation, and performing analytical procedures, are all part of the final steps in completing an audit engagement.

Syed Hussein, the Partner on the Rimouski Copper Audit Called