ACCA Noter Answer Paper F8 December 2008ER
Teks penuh
Garis besar
Dokumen terkait
• It should be recognised, however, that many significant frauds bypass normal internal control systems and that, in the case of management fraud in particular, much higher
(b) You are a partner of Heaton & Partners in charge of the audit of Caffyn, a public listed company; the audit manager has completed the audit for the financial year October
'Sufficient' audit evidence means 'enough' evidence to enable the auditor to form his opinion.. What is 'enough' is a matter of
(ii) The decrease in value of inventory took place after the end of the reporting period but before the financial statements and the audit report were signed. The auditor is
The reason being that the partner has become too close to the directors and staff in the firm and this may impair his judgement on the financial statements.. However, NorthCee is
To ensure independence, the scope of work of the internal audit department should be decided by the chief internal auditor, perhaps with the assistance of an audit committee..
(iii) To report to the members where they consider that the going concern assumption has been used inappropriately, for example, when the financial statements indicate that
Audit documentation is available from the previous year’s audit, including internal control questionnaires and audit programmes for the despatch and sales system.. The audit
