alleryStart learning →Working papers help show that the audit was performed in line with what?
AClient's stated wishes
BManagement's targets
CPrior year's budgets
DRelevant audit standards
Answer & Solution
Correct answer: D. Relevant audit standards
Their purpose is to give assurance that the work followed the relevant auditing standards.
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Related questions
Working papers help third parties do what?Internal audit tests the most important controls using which approach?Which development lets auditors analyse entire datasets instead of samples?If liquidation becomes imminent, statements are prepared on what basis?How long is the foreseeable future usually regarded under the going concern assumption?The IAASB issues which of these?Which body sets recognised standards for internal auditors?Internal auditors are employed by whom?