Question

audit executive (CAE) planned to conduct assurance engagements that highlighted potential costs to be saved. Negative observations were to be omitted from engagement Answer saved Marked out of 1.00 final communications. Which action taken by the CAE would be considered a violation of the Standards? Flag question The focus of the audit engagements was changed without modifying the charter or consulting the audit committee. I. II. Negative observations were omitted from the engagement final communications. III Cost savings recommendations were highlighted in the engagement final communications Select one: a. I only b.I and II only c. I and III only d. II and III only

Answer 1

Audit engagements should be changed only after proper consultations with the audit committee. Any observations made should be put up clearly while forming audit engagements.

Option B is the correct answer.