Question

Audit Notebook is a _______________.

• A. personal notebook of auditor
• B. record of work performed by an auditor
• C. record of important points and enquiries which an auditor has to refer to his clients
• D. record of mistakes and errors detect during the course of audit of account books

Answer 1

The correct option is C record of important points and enquiries which an auditor has to refer to his clients

Audit notebook is maintained by the audit assistant to note down all those unclear matters which he may come across in the course of audit and on which he requires further clarification and explanation from the client.

It is not possible for the auditor to remember every important points & queries which he comes across during the course of an audit. Therefore, he notes down all those points in the audit notebook and takes an explanation or clarifications from the client.