Question

Audit documentation does not normally include the:

Multiple Choice

• specific assertions under audit.

• record of the procedures performed.

• industry accounting guides.

• decisions made in the course of the audit.

Answer 1

Audit documentation is the written record of the basis for the auditors conclusions that provides the support for the auditors representations, whether those representations are contained in the auditors report or otherwise. It is also known as working papers of auditors. So it normally includes specific assertions under audit, record of procedures performed, decisions made in the course of audit. Hence, the one which does not include is the industry accounting guides.

Hence, option C is the correct answer.

SUMMARY:

In audit documentation, it includes specific assertions under audit and also the auditor usually records the procedures he had performed during the audit so that he can analyse what he had done. Also, the conclusions he reached and decisions taken in audit is also included in audit documentation.

Hence, option C is the correct answer.