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Which of the following is not required in an audit? a. An audit program setting forth the audit procedures b. The accounting
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Answer #1
An audit program shall contain the audit procedured which will be followed by the engagement team.
The Fianancial statements is prepared on the basis of accounting records and hence accounting records must support
the financial statements to give a true and fair view
To get to a conclusion regarding the control risks the auditor must obtain necesarry suuporting audit evidence
So Option A,B and D are correct.
However an auditors engagement letter contains the responisbilities of suditor and management among other.
But it does not contain the detailing of auditors planned filedwork.
So Option C is correct as it is note required in an audit
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