The auditor's results of evidence gathering procedures are contained in audit documentation for the audit. When preparing the requisite audit, documentation should be cognizant of:
A) Documents are kept by the client for easy reference for their accounting staff.
B) Audit documents should be considered as a substitute for the clients accounting records.
C) Audit documents are designed to facilitate the review and supervision of the work performed by the audit team by a reviewing partner.
D) Audit documents are the sole source of evidence that an auditor uses in forming an opinion about the client's financial statements.

Question

Quizplus · Accepted Answer

Audit documentation is an important tool for ensuring the quality of the audit, as it facilitates review and supervision by the reviewing partner. However, audit documentation is not a substitute for the client's accounting records or the sole source of evidence used by the auditor. It is also not necessarily kept by the client for their own reference, as it is primarily for the use of the audit team and the reviewing partner.

The Auditor's Results of Evidence Gathering Procedures Are Contained in Audit