Before releasing the audit report,which of the following would the auditor most likely do?
A)Issue a management letter.
B)Perform an analytical review.
C)Check on a schedule of partner rotation.
D)Estimate client fee for subsequent services to be performed.

Question

Quizplus · Accepted Answer

Performing an analytical review is a common procedure auditors undertake before releasing an audit report. This involves analyzing financial information through comparison and study of relationships among financial and non-financial data to identify any anomalies or areas that may require further investigation. It helps ensure the accuracy and completeness of the financial statements. The other options listed are not typically actions taken immediately before releasing an audit report.

Before Releasing the Audit Report,which of the Following Would the Auditor