Auditing max 1000words need to answer following questions

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max 1000words need to answer following questions thats it selected company name is CAPRAL LIMITED...

Reference no: EM13453881

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Auditing max 1000words need to answer following questions : max 1000words need to answer following questions thats it selected company name is capral

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Auditing Questions & Answers

Internal audit

Describe and evaluate this type of internal audit. What types of organisation would it be most useful for?

Accounting professional and ethical standards

Code of Ethics for Professional Accountants

Prepare swag''s consolidated balance sheet

Prepare Swag's consolidated balance sheet

Auditing and assurance

Notable operational challenges for 4X Heavy Ltd faced in 2012/2013 were but not limited to

State of the company’s industry and associated risk factors

Audit partner is concerned about his lack of knowledge of the industry the company is operating in, state of the company's industry and associated risk factors

Prepare a memo to the audit partner

Prepare a memo to the audit partner on the ‘state of the company's industry' and associated risk factors.

Adjusting or non- adjusting events

State whether Event is adjusting or non-adjusting event.

Audit financial data

As a consequence an accounts payable clerk and financial accountant were made redundant from the business during the year.

Identify principal audit risk

To identify principal audit risk and corresponding audit procedures

Auditing and assurance

Show the audit inherent risk and rate the risk as low, medium or high.

National health reform

Explain the role of the following three 'bodies' in National Health Reform

Prepare a memo on the state of the company''s industry

Prepare a memo on the 'state of the company's industry' and associated risk factors.

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