Multiple Choice
After an audit report is issued,the auditor discovers through a peer review that an important audit procedure has been omitted.In this case,what should the auditor do?
A) Notify all parties known to be relying on the report.
B) Immediately request the client recall the report.
C) Contact his or her professional liability insurance carrier.
D) Determine whether the report can still be supported in light of the omitted procedure.
Correct Answer:

Verified
Correct Answer:
Verified
Q35: Which of the following is an example
Q36: If omitted audit procedures cannot be performed,the
Q37: Which of the following is not a
Q38: Under PCAOB standards (AS 3101)approved in 2017,all
Q39: If the auditor has no reservations about
Q41: An emphasis of a matter may result
Q42: The auditor should only provide an opinion
Q43: The term "except for" is used in
Q44: In which one of the following instances
Q45: When an auditor is faced with a