In class, we discussed the PCAOB’s AS 1215 on documentation….
In class, we discussed the PCAOB’s AS 1215 on documentation. One of the important sentences that we discussed is as follows: “Audit documentation must contain sufficient information to enable an experienced auditor, having no previous connection with the engagement: a. To understand the nature, timing, extent, and results of the procedures performed, evidence obtained, and conclusions reached…” Who is the PCAOB referencing as the “experienced auditor” in the bolded, underlined sentence above?