Audit procedures regarding presentation and disclosure are performed:
A) at balance sheet date.
B) shortly before the audit report is issued.
C) throughout the audit.
D) on the last day of fieldwork.

Question

Quizplus · Accepted Answer

Audit procedures regarding presentation and disclosure are performed throughout the audit to ensure that financial statements are prepared in accordance with the applicable accounting framework and that all required disclosures are included. These procedures may include reviewing financial statement disclosures, evaluating the adequacy of footnote disclosures, and confirming that financial statement items are properly classified and described.

Audit Procedures Regarding Presentation and Disclosure Are Performed