Which of the following auditing procedures is ordinarily performed last?
A)Reading the minutes of the directors' meetings.
B)Confirming accounts payable.
C)Obtaining a management representation letter.
D)Testing the purchasing function.

Question

Quizplus · Accepted Answer

Obtaining a management representation letter is usually the last auditing procedure performed as it provides a summary of management's responsibilities and disclosures related to the financial statements. Reading the minutes of the directors' meetings, confirming accounts payable, and testing the purchasing function are other auditing procedures that may be performed earlier in the audit process.

Which of the Following Auditing Procedures Is Ordinarily Performed Last