COMM 455 Chapter Notes - Chapter 13: Cvent, Audit Evidence, Going Concern
Document Summary
Auditor finalizes any open items before issuing audit report. Any remaining audit procedures are assigned, due date set for completion. Audit partner determines if procedures executed as planned and all relevant matters have been considered appropriately. 10. perform a review for contingent liabilities and commitments to ensure properly accounted for and/or disclosed: perform subsequent events procedures, identify events occurring between year-end and date of audit report that might require adjustment or disclosure. 12. complete the file on a timely basis after the audit report has been finalized: file lock down a finalized file where nothing is to be removed, deleted or discarded from the file. If modifications needed then must document why and who made changes. Auditor must decide if there is sufficient appropriate audit evidence to support audit opinion: Whether evidence obtained supports or contradicts the results of the risk. The assessments of the risk of material misstatement at the assertion level are appropriate, and.
