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10. Audit file The auditing firm typically creates audit files to record audit evidence for the current audit. Kiowa auditors are currently concluding their audit

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10. Audit file The auditing firm typically creates audit files to record audit evidence for the current audit. Kiowa auditors are currently concluding their audit of Xander Limited, a clothing wholesaler. The auditor has two files setup for Xander's audit, the current audit file and the permanent audit file. Required: a. Describe the nature of the two types of files correctly citing the relevant audit evidence that will be included in each type of file. b. Explain briefly one the following three documents for Xander's...Incorporation documents, Organizational Chart, Past Audit Reports, and in which type of audit file it should form part of c. Why would the auditor want to have an "Audit Plan"? What is an "Audit Plan

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