chap 14

Question 1

Engagement Wrap-Up

Answer 1

1.adtr will finalise any open items and determine if there are remaining audit procedures to be completed before giving an opinion.

2. usually remaining adt procedures will be assigned to team members and open items with due dates for completion
3. determine if adt team has completed and executed all adt procedures planned with relevant matters considered.

Question 2

Engagement Wrap-Up procedures P1

Answer 2

1.review adt file to ensure planned procedures were properly and completely executed

2. determine that all necessary ,matters have been appropriately considered
3. clear all outstanding review notes and to-do notes

4.remove unnecessary drafts files and documents from engmnt files.

5 for multi location engmnt, ensure all required documents have been requested and obtained from other adt teams