In deciding about the form, contents, and extent of audit documentation, the audit should consider which of the following? 1. The nature, timing, and extent of the audit procedures to comply with PSAS an applicable legal and regulatory requirements. II. The results of the audit procedures and the audit evidence obtained. II. Significant and insignificant matters during the audit and the conclusions reach thereon. O land II only O I, Il and III O None among the given statements

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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In deciding about the form, contents, and extent of audit documentation, the auditor
should consider which of the following?
I. The nature, timing, and extent of the audit procedures to comply with PSAS and
applicable legal and regulatory requirements.
II. The results of the audit procedures and the audit evidence obtained.
II. Significant and insignificant matters during the audit and the conclusions reached
thereon.
O land II only
OI, Il and II
O None among the given statements
O l only
Transcribed Image Text:In deciding about the form, contents, and extent of audit documentation, the auditor should consider which of the following? I. The nature, timing, and extent of the audit procedures to comply with PSAS and applicable legal and regulatory requirements. II. The results of the audit procedures and the audit evidence obtained. II. Significant and insignificant matters during the audit and the conclusions reached thereon. O land II only OI, Il and II O None among the given statements O l only
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