For high-risk accounts,the timing of most audit procedures will be:
A)at,or after,year-end
B)before year end
C)whenever the client says it is most convenient for them to be conducted
D)during the interim audit testing stage

Question

Quizplus · Accepted Answer

For high-risk accounts, audit procedures should be performed at or after year-end to ensure that all relevant information has been recorded and to reduce the risk of subsequent events affecting the financial statements. Additionally, performing procedures at year-end can help identify any potential issues or errors that need to be addressed before the financial statements are finalized.

For High-Risk Accounts,the Timing of Most Audit Procedures Will Be