[PDF] Top 20 ACCA Paper F8 Auditiing and Assurance F8AA(Int)MT2A As j08

... „ The duties of internal auditors are generally determined by the organisation that has set up the internal audit department and employs the internal auditors. Internal auditors normally have a general ... Lihat dokumen lengkap

... 2 Regulatory environment – statutory audit Questions have been set on the due process of developing auditing standards and the removal of auditors. So all of the topics in this session cannot be ignored even if ... Lihat dokumen lengkap

... A variety of discounts are offered to customers depending on the type of customer (eg conference, business or private) and the time of week or year. The management has sought to increase the room occupancy of the ... Lihat dokumen lengkap

... same as the old IAS 1 format) plus other comprehensive income comprising, for example, gains on revaluations, cash-flow hedges, translation of foreign operations and actuarial gains (all of which are still ... Lihat dokumen lengkap

... AUDIT AND ASSURANCE F8 – STUDY OVERVIEW 1 Stage of study System Study Sessions Syllabus coverage INTRODUCTORY Note: All topics to be covered before taking Monitoring Test 1 1 [r] ... Lihat dokumen lengkap

... The second copy of the despatch note is used by the accounts department to initiate the charging of the customer’s credit card via the legacy system. This is usually done by the retrieving the credit card details from ... Lihat dokumen lengkap

... (c) The audit revealed a major control weakness in the management of investments. The company recently recruited a financial analyst, as an employee, to manage the investment of surplus funds. Company policy is to ... Lihat dokumen lengkap

... During the year, Microprods started importing notebook computers from a Far Eastern manufacturer. Turnover has been slow but the directors are optimistic and spent a considerable amount on a New Year advertising ... Lihat dokumen lengkap

... The evidence is not conclusive since the grid could be initialled without the check being performed. The auditor is more likely to rely on the checks having been performed if there is other evidence (eg quantities ... Lihat dokumen lengkap

... estimates and judgements made by the directors” implies that immaterial matters were also considered when the auditor only provides reasonable assurance that the financial statements are free from material ... Lihat dokumen lengkap

... If the directors do take appropriate action, the auditors must consider their position with respect to the current audit engagement. The finance director is a key person with respect to representations on which the ... Lihat dokumen lengkap

... office and which makes regular visits to the ...business and tourist class accommodation. They also provide restaurants, bars, and conference and leisure facilities which are open to the ... Lihat dokumen lengkap

... photocopying and recording, or in any information storage and retrieval system, without permission in writing from the Accountancy Tuition Centre ... Lihat dokumen lengkap

... estimates and he is required to rely on the work of experts who at a minimum, review the work of the expert employed by the client to perform the original ...time and cost, but also requires the ... Lihat dokumen lengkap

... debt and other major public interest entities such as banks and other financial institutions” ¾ The terms of reference for the committee are to: ... Lihat dokumen lengkap

... expressed and explained (eg point, explain, ...taken and not just say “do it”, eg do not say “inspect purchase invoice” without saying exactly what you are inspecting on the invoice and why (always ... Lihat dokumen lengkap

... (a) Calculate the basic earnings per share for the year ended 30 September 2008 assuming there were no changes in the capital structure in the year; (3 marks) (b) Calculate the basic earnings per share (and its ... Lihat dokumen lengkap

... design and implementation of internal control to prevent and detect fraud; that they have recognised and carried out their legal and governance responsibilities and that they approve ... Lihat dokumen lengkap

... Section A of each of the Options papers contains 50-70 compulsory marks from two questions, each attracting between 25 and 40 marks. Section B will offer a choice of two from three questions totalling 30-50 marks, ... Lihat dokumen lengkap

... ¾ In the beginning, the aim of the board (of executive directors) was to oversee the role of the CEO. Then non-executive directors were considered essential to strengthen the oversight function. Then audit committees ... Lihat dokumen lengkap