WebAn auditor's permanent file working papers would most likely contain - Excerpts of the corporate charter and by-laws. 9. A copy of the year end bank reconciliation would likely be kept in the Audit evidence papers. 10. The balance audit program - Lists substantive procedures for collecting direct evidence on the financial statement assertions. 11. WebFeb 5, 2024 · Audit working papers are used to document the information gathered during an audit. They provide evidence that sufficient information was obtained by an auditor to support his or her opinion regarding the underlying financial statements. Working papers also provide evidence that an audit was properly planned and supervised. 808 soccer world cup 2022 WebThe permanent file section of the working papers that is kept for each audit client most likely contains: A. Review notes pertaining to questions and comments regarding the audit work performed. B. A schedule of time spent on the engagement by each individual auditor. C. Correspondence with the client's legal counsel concerning pending litigation. WebQuestion: 7. Although the quantity and content of audit documentation vary with each engagement, an auditor’s permanent files most likely include A. Documentation indicating that the audit work was adequately planned and supervised. B. Analyses of capital stock and other owners’ equity accounts from previous audits. C. Prior years’ … 808 sports live WebAudit working papers are the outcome of the documentation process. Working papers are the record of various audit procedures performed, audit evidence obtained, allocation of work between audit team members etc. Audit working papers are the documents and evidence that an auditor collects and retains with himself during the audit. Table of … WebSee Answer. Question: 1. The permanent file of an auditor's working papers generally would NOT include A) bond indenture agreements. B) organization chart C) lease … 808 sports stream WebA permanent audit file is an audit file that auditors keep for continuing audit engagements. This file usually includes documents that auditors use continuously. The …

WebThe current file of the auditor’s working papers should generally include: A) A flowchart of the accounting system. B) Organization charts. C) A copy of the financial statements. D) Copies of bond and note indentures. 25: The permanent file section of the working papers that is kept for each audit client most likely contains: A) WebThe auditor's permanent working paper file should not normally, include. A. Extracts from client's bank statements. B. Past year's financial statements. C. Attorney's letters. D. … astro etik site officiel WebMay 14, 2024 · A permanent audit file contains information on the following: The legal and organizational framework of the client’s entity, for example, the Memorandum of Association (MOA) and Articles of Association (AOA) in the case of a company. Extracts or copies of essential legal papers, agreements (e.g., loan agreements), and minutes that may be ... WebThe permanent file section of the working papers that is kept for each audit client most likely contains: A) Review notes pertaining to questions and comments regarding the audit work performed. B) A schedule of time spent on the engagement by each individual auditor. C) Correspondence with the client's legal counsel concerning pending ... astro euan smith WebThe permanent file section of the working papers that is kept for each audit client most likely contains: a. A schedule of time spent on the engagement by each individual … astro ethik WebMay 14, 2024 · What is a Permanent File? A permanent file is a set of records that serves as an ongoing reference for an organization's external auditors. The information in the file is intended to be accessed repeatedly in successive audits to assist the audit team in the conduct of their tasks. The file may contain the following documents: Accounting policies.

WebThe permanent file section of the working papers that is kept for each audit client most likely contains a. Review notes pertaining to questions and comments regarding the audit work performed. b. A schedule of time spent on the engagement by each individual auditor. c. Correspondence with the client's legal counsel concerning pending ... 808 state in yer face sample WebCurrent audit files are the files that keep all information related to current year auditing. Those documents include the current year’s financial statements, general ledger, management accounts, and supporting documents. These files also include the documents related to audit planning, audit program, and key internal control of the current ... astro ethyl alcohol