What is the function of the audit manager during the audit process?

The function of the audit manager during the audit process is primarily to provide oversight of the entire audit team. This includes planning, directing, and coordinating the audit activities while ensuring adherence to relevant auditing standards and regulatory requirements. By overseeing the team, the audit manager ensures that the audit is conducted efficiently and effectively, facilitating communication among team members, managing resources, and addressing any issues that may arise during the audit.

In addition, the audit manager plays a critical role in reviewing the audit work completed by team members and ensuring that the findings are accurately documented. This oversight also involves providing insight and guidance on complex audit issues and ensuring that the audit objectives are met within the regulatory framework. The overall responsibility for the success of the audit lies with the manager, as they synthesize the team's efforts and oversee the final output of the audit process.

The other choices focus on responsibilities that, while important, don't align with the specific role of an audit manager. For instance, preparation of financial reports typically falls under the finance or accounting team rather than the audit management role. Direct interaction with external stakeholders is usually done by senior management or other designated representatives rather than the audit manager alone. Execution of detailed audit tests is primarily the responsibility of the audit team members, with the manager overseeing