Day: May 7, 2026

Which ONE of the following statements is correct with respect to the safe custody of audit documentation?

Select ONE answer:

1. The auditor must ensure the safe custody of audit documentation for at least six years from the end of the accounting period to which it relates
2. While audit documentation is held on the client’s premises, it is the responsibility of the client to ensure its safe custody
3. The auditor needs only to ensure the safe custody of audit documentation for the duration of the audit
4. All audit documentation must be destroyed within five years of the end of the accounting period to which it relates

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 1

1. Correct – The auditor must ensure the safe custody of audit documentation for at least six years from the end of the accounting period to which it relates.
2. Not correct
3. Not correct
4. Not correct

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