CA Inter P5 · Chapter 6 · Question 2 of 9
The audit working papers prepared during the audit of Ananya Foods Ltd. are the property of:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: D) The auditor
Explanation
Working papers are the property of the auditor. The auditor may, at his discretion, make portions of them available to the entity, provided this does not undermine the independence or validity of the audit. The client has no right of ownership over them.
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