- 20 Marks
AA – Nov 2022 – L2 – Q2a – Audit Documentation Requirements
Overview of audit documentation requirements per ISA 230, including reasons and required contents.
Question
The International Standards on Auditing (ISA) 230 deals with the auditor’s responsibility to prepare audit documentation for an audit of financial statements.
Required:
a. State FIVE reasons for preparing audit documentation. (5 Marks)
b. Highlight the requirements of ISA 230 on audit documentation. (3 Marks)
c. State FIVE contents each of current and permanent files. (10 Marks)
d. Explain who owns audit working papers and why. (2 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Audit Documentation, Audit Files, ISA 230, Working Papers
- Level: Level 2
- Topic: Audit Documentation, ISA 230 Requirements
- Series: NOV 2022
Report an error