The auditor will ask the audit client to provide copies of the board of directors' minutes as part of the documentation for their permanent file working papers for the client.

REQUIRED: $(1)$ Using the attached answer sheet, identify two types of information that the auditor will typically find in the client's minutes of the board of directors meetings that are likely to be relevant to the auditor and the audit.

$(2)$ Using the attached answer sheet, explain why it is important for the auditor to read these minutes early in the engagement.

DISCUSSION OF USE OF BOARD OF DIRECTORS' MINUTES BY THE AUDITOR AS PART OF THE AUDIT.

$(1),$ Types of Information From Board of Directors Minutes.

$(2)$ Discussion of Reading Board of Directors Early in Audit.

Answer rating: 100% (QA)

Types of Information From Board of Directors Minutes 1 Approval of Financial Statements The boards a... View the full answer