Which one of the below factors is not included in the PCAOB auditing standards as one...
Which one of the below factors is not included in the PCAOB auditing standards as one that should influence the nature and extent of necessary planning activities?
Group of answer choices
The size and complexity of the client company.
The size of the auditing firm and the number of auditors assigned to the audit.
The auditor’s previous experience with the company.
Changes in circumstances that occur during the audit.
Which one of the below factors is not included in the PCAOB auditing standards as one that should influence the nature and extent of necessary planning activities? Group of answer choices The size and complexity of the client company. The size of the auditing firm and the number of auditors assigned to the audit. The auditor’s previous experience with the company. Changes in circumstances that occur during the audit.
Homework Answers
Choice (b) is correct. The size of the auditing firm and the number of auditors assigned to the audit should not influence the nature and extent of necessary planning activities.
Choice (a) is incorrect. The size and complexity of the client company is included in the PCAOB auditing standards as one that should influence the nature and extent of necessary planning activities.
Choice (c) is incorrect. The auditor’s previous experience with
the company is included in the PCAOB auditing standards as one that
should influence the nature and extent of necessary planning
activities.
Choice (d) is incorrect. Changes in circumstances that occur during
the audit is included in the PCAOB auditing standards as one that
should influence the nature and extent of necessary planning
activities.
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Which one of the below factors is not included in the PCAOB
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