Which of the following ultimately determines the specific audit procedures necessary to provide an independent auditor with a reasonable basis for the expression of an opinion?
A) the audit program
B) the auditor's judgment
C) generally accepted auditing standards
D) the auditor's working papers

Question

Quizplus · Accepted Answer

Although the audit program, generally accepted auditing standards, and working papers are all important in determining audit procedures, it is ultimately the auditor's judgment that determines the specific procedures necessary to provide an independent auditor with a reasonable basis for the expression of an opinion. This judgment is based on the auditor's assessment of the risks of material misstatement, the nature and extent of the audit evidence needed to address those risks, and other relevant factors.

Which of the Following Ultimately Determines the Specific Audit Procedures