Question

Documentation may not be deleted from the working papers after the:

a) Audit report delivery date
b) Date of the audit report
c) Documentation completion date
d) Final day of fieldwork

Answer 1

Documentation cannot be deleted from working papers after the documentation completion date, which is essential for maintaining a transparent and reviewable audit process.

Step-by-step explanation:

The question pertains to the period after which documentation may not be deleted from the working papers in an audit context. Once the audit report has been issued, any documentation related to the audit must be retained and cannot be deleted. This ensures that the audit process is transparent and that all decisions and findings can be reviewed if necessary. The relevant date is the documentation completion date, which is typically defined by auditing standards and represents the time by which the audit documentation must be assembled and finalized. Deleting or altering working papers after this date would violate professional standards and could potentially lead to legal and regulatory consequences.