Audit documents record the results of the auditor's evidence-gathering procedures.When preparing audit documents,the auditor should remember that
A) Audit documents should be kept on the client's premises so that the client can have access to them for reference purposes.
B) Audit documents should be the primary support for the financial statements being examined.
C) Audit documents should be considered as a substitute for the company's accounting records.
D) Audit documents should be designed to facilitate the review and supervision of work done by auditors assigned to the engagement.

Question

Quizplus · Accepted Answer

Audit documents should be designed to facilitate the review and supervision of work done by auditors assigned to the engagement. They serve as the primary evidence of the auditor's work and substantiate their findings and opinions. However, they are not a substitute for the company's accounting records, and they should not be kept on the client's premises as they are the property of the auditor.

Audit Documents Record the Results of the Auditor's Evidence-Gathering Procedures