Question: Research PCAOB auditing standards (which can be found on the PCAOB's website - www.pcaobus.org) related to the use of audit documentation and identify specific requirements

Research PCAOB auditing standards (which can be found on the PCAOB's website - www.pcaobus.org) related to the use of audit documentation and identify specific requirements related to deadlines for including audit documentation in the engagement work papers, such as the documentation completion date. Also, identify requirements related to what must be documented on the work paper, including the date of preparation of audit documentation and the identification of the preparers of the documentation. Based on your findings, provide your assessment of how PW Bangalore violated these requirements.

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PCAOB Standard No 3 Audit Documentation specifically requires that the auditor must have completed all necessary auditing procedures and obtained suff... View full answer

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