Roll-forward procedurare performed:
A) to update the audit findings from the time of the interim procedures through to year-end.
B) to detect fraud in various balance sheet accounts.
C) before the end of the financial year.
D) none of the above.

Question

Quizplus · Accepted Answer

Roll-forward procedures are performed to update the audit findings from the time of the interim procedures through to year-end. This helps the auditor ensure that the financial statements are reflecting the most up-to-date and accurate information. The other options given are not the primary purposes of roll-forward procedures.

Roll-Forward Procedurare Performed