Which of the following is not among the characteristics of the procedures performed in completing the audit? A) They are optional since they have only an indirect impact on the opinion to be expressed. B) They involve many subjective judgments by the auditor. C) They are performed after the balance sheet date. D) They are usually performed by audit managers or other senior members of the audit team who have extensive audit experience with the client. E) They do not pertain to specific transaction cycles or accounts.

Question

Quizplus · Accepted Answer

Completing the audit procedures are not optional; they are essential for ensuring that the auditor has obtained sufficient appropriate audit evidence to support the opinion expressed in the auditor's report. These procedures help in identifying any subsequent events that may require adjustment or disclosure in the financial statements and in reviewing the overall presentation of the financial statements.

Which of the Following Is Not Among the Characteristics of the Procedures