AAA – L3 – SA – Q2.7 – Auditor’s Working Papers

Incorrect statement about auditor’s working papers.

Question

Which of the following statements about the auditor’s working papers is INCORRECT?

A They record the audit evidence that supports the audit opinion

B They enable the audit partner to assess the progress of an audit

C They assist in the efficiency of an audit

D The client can have access to them

Answer

Explanation:
The auditor’s working papers belong to the auditor and record audit evidence (A), enable progress assessment (B), and assist in audit efficiency (C). The client may not have access to them, as they are confidential to the audit firm, making D the incorrect statement and the correct answer.

Tags: Audit Evidence, Client Access, ICAG, Working Papers
Level: Level 3

Topic: Audit Evidence

Uploader: Salamat Hamid