On discovery of an omitted procedure, the auditor should assess its importance to his or her ability to currently support the opinion expressed on the financial statements.

Question

Quizplus · Accepted Answer

When an auditor discovers an omitted procedure, they must assess its significance to determine if the opinion previously expressed on the financial statements is still supported. This assessment is crucial to ensure the audit opinion remains valid and reliable.

On Discovery of an Omitted Procedure, the Auditor Should Assess