During the initial planning phase of an audit, a CPA most likely would:
A)identify specific internal control activities that are likely to prevent fraud.
B)evaluate the reasonableness of the client's accounting estimates.
C)discuss the timing of the audit procedures with the client's management.
D)inquire of the client's attorney as to any unrecorded claims.

Question

Quizplus · Accepted Answer

During the initial planning phase of an audit, the CPA would discuss the timing of the audit procedures with the client's management. This is essential as it helps in coordinating the audit work with the client's operations and reduces disruptions to the client's business. It also ensures that the audit work is done efficiently and effectively within the given time frame. Options A, B, and D are performed during the substantive testing phase of the audit.

During the Initial Planning Phase of an Audit, a CPA