AUDIT DOCUMENTATION
Follow the requirements and finish the auditing dissucusion
Audit documentation is the auditor’s record of work performed and conclusions reached on an audit engagement.
1. What are the functions of audit documentation?
2. List and describe the various types of audit documents.
3. What factors affect the auditor’s judgment about the form, content, and extent of audit documentation for a particular engagement?
Points will be deducted for poor grammar and misspelled words.
Answer preview
Functions of audit documentation
Audit documentation serves a myriad of purposes, including enhancing the accountability of the engagement team in performing its various duties. The serving papers are also significant because they ensure that a record stays put for use in the future. It also makes it easier for the occurrence of external and internal scrutiny, which will be in line with legal requirements. Audit documentation…
(450 words)