The term "audit period" is used in the BRs but not defined, and Kathleen tells me she keeps running into CAs who don't understand it, often confusing it with the period of time the auditor is on the premises. Would anyone be opposed to a ballot to add a definition of Audit Period along the following lines?
Audit Period: the period of CA operations a Qualified Auditor considers when assessing the work of a CA in order to write an Audit Report. This is not the same as the (much shorter) period of time during which the auditor is carrying out the audit. Audit Periods MUST NOT exceed 1 year in duration, and Audit Periods for successive audits of a particular type MUST be continuous. (The latter sentence is added for clarity, and repeats something said in section 8.1.) The ballot would also replace "audit period" with "Audit Period" throughout. Gerv _______________________________________________ Public mailing list [email protected] https://cabforum.org/mailman/listinfo/public
