Generally accepted auditing standards require that auditors always prepare and use a. A written planning memorandum explaining
Question:
a. A written planning memorandum explaining the auditors’ understanding of the client’s business.
b. A written client consent to discuss audit matters with prospective auditors.
c. A written audit plan.
d. The written time budgets and schedules for performing each audit.
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a Incorrect Although strongly encouraged US GAAS do not explicitly require that auditors ex...View the full answer
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Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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