Concepts and Standards - PCAOB on Audit Documentation

Question 1

Under the requirements of the PCAOB, audit documentation should be retained

Answer 1

For at least seven years.

OR

The longer of seven years, or the period required by law.

Question 2

Under the requirements of the PCAOB, audit documentation must contain sufficient information to allow what type of auditor to understand the nature, timing, extent, and results of procedures performed?

Answer 2

An experienced auditor having no previous connection with the engagement.