Which one of the following auditing procedures is ordinarily performed last?
A) testing the purchasing function
B) confirming accounts payable
C) reading the minutes of the directors meetings
D) obtaining a management representation letter

Question

Quizplus · Accepted Answer

Obtaining a management representation letter is typically the last audit procedure performed because it confirms management's agreement that all necessary information has been provided and that the financial statements are complete and accurate. This helps to ensure that the auditor has obtained sufficient and appropriate evidence to support their opinion on the financial statements.

Which One of the Following Auditing Procedures Is Ordinarily Performed