IIA
IIA-CFSA · Question #128
Workpapers serve as the connecting link between the audit assignment, the auditor's fieldwork, and the final report. Most importantly, the workpapers document the auditor's conclusions and the…
The correct answer is C. Results of substantive testing. See the full explanation below for the reasoning.
Question
Workpapers serve as the connecting link between the audit assignment, the auditor’s fieldwork, and the final report. Most importantly, the workpapers document the auditor’s conclusions and the reasons those conclusions were reached. Workpapers also provide a basis for demonstrating compliance with the IIA’s Standards. Among other things, workpapers may include all of the following EXCEPT:
Options
- APlanning documents and audit procedures
- BAnalysis and test of transactions, processes, and account balances
- CResults of substantive testing
- DAudit correspondence that documents the audit conclusions reached
How the community answered
(29 responses)- A7% (2)
- B17% (5)
- C72% (21)
- D3% (1)
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