Evaluate and discuss whether sufficient audit work has been done with regard to McMullan’s Montreal contract. If not, what more should be done?
CASE Winston Black was an audit partner in the firm of Henson, Davis & Company. He was in the process of reviewing the audit files for the audit of a new cli- ent, McMullan Resources. McMullan was in the business of heavy construction. Black was conducting his first review after the audit was substantially complete. […]