The auditor should document the audit strategy in the form of a memorandum containing the key decisions about the scope,timing,and conduct of the audit.This documentation
A)includes a list of the key decisions necessary to perform testing
B)is a recommended part of the work papers
C)communicates the planning process to engagement team members
D)provides the basis for the audit report to address the important issues identified in the audit strategy

Question

Quizplus · Accepted Answer

The audit strategy memorandum communicates the planning process to engagement team members, ensuring everyone is aligned on the scope, timing, and conduct of the audit.

The Auditor Should Document the Audit Strategy in the Form