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After fieldwork audit procedures are completed, a partner of the CA firm who has not been involved in the audit performs a second or wrap-up working paper review. This second review usually focuses on------

May 27, 2020

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If law or regulation prescribes in sufficient detail the terms of the audit engagement as required by SA 210 to be included in letter of engagement, the auditor--------

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M/s Sureshchandra & Co. has been appointed as an auditor of SC Ltd. for the financial year 2017-18. CA. Suresh, one of the partners of M/s Sureshchandra & Co., completed entire routine audit work by 29th May, 2018. Unfortunately, on the very next morning, while roving towards office of SC Ltd. to sign final audit report, he met with a road accident and died. CA Chandra, another partner of M/s Sureshchandra & Co., therefore, signed the accounts of SC Ltd., without reviewing the work performed by CA. Suresh.

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