CA N, statutory auditor of Rock Limited, is in the process of final assembly of audit file. Under what circumstances, a statutory auditor can make…
CA Intermediate · Auditing and Ethics · MTP · September 2024
CA N, statutory auditor of Rock Limited, is in the process of final assembly of audit file. Under what circumstances, a statutory auditor can make changes to audit documentation during final assembly process of audit file? Give a few examples of such changes.
Suggested Answer and Working Notes:
Changes may be made to the audit documentation during the final assembly process, if they are administrative in nature. Examples of such changes include: Deleting or discarding superseded documentation.Sorting, collating and cross-referencing working papers.Signing off on completion checklists relating to the file assembly process.Documenting audit evidence that the auditor has obtained, discussed and agreed with the relevant members of the engagement team before the date of the auditor's report.
Topics: Audit Strategy, Audit Planning and Audit Programme
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