In planning an audit engagement, which of the following is a factor that affects the independent auditor's judgment as to the quantity, type and content of working papers?
A)The estimated occurrence rate of attributes.
B)The preliminary evaluations based upon initial substantive testing.
C)The content of the client's representation letter.
D)The anticipated nature of the auditor's report.

Question

Quizplus · Accepted Answer

The anticipated nature of the auditor's report affects the independent auditor's judgment as to the quantity, type, and content of working papers because the auditor must ensure that sufficient evidence is obtained to support the nature of the opinion that will be expressed in the report. For example, if the expected opinion is a qualified opinion, the auditor will need to obtain more evidence to support the qualification.

In Planning an Audit Engagement, Which of the Following Is