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Question 1: Differentiate between different types of assurance engagements, including compliance and performance engagements, and different levels of assurance
Question 2: Discuss sustainability assurance engagements as an exemplar of other assurance services
Question 3: Discuss public sector auditing and the current regulatory environment
Question 4: Discuss current issues in auditing and assurance services
Question 5: With reference to the Cochlear Sustainability Rreport 2020, why do you think there is demand for sustainability reporting and assurance services? What are some of the challenges that assurance providers face in conducting sustainability assurance engagements?
Question 6: According to the ASIC Audit Inspection Program Public report (2019-20), what were the two most frequent areas of audit deficiencies? For each area give an example of a common deficiency. Question 7: What were the recommendations of the PJCCFS inquiry into the Regulation of Auditing in Australia in relation to the provision of non-audit services by auditing firms (see the Interim Report)? Why did the dissenting view consider these recommendations deficient (see the Final Report)?
Describe and evaluate this type of internal audit. What types of organisation would it be most useful for?
Code of Ethics for Professional Accountants
Prepare Swag's consolidated balance sheet
Notable operational challenges for 4X Heavy Ltd faced in 2012/2013 were but not limited to
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 on the ‘state of the company's industry' and associated risk factors.
State whether Event is adjusting or non-adjusting event.
As a consequence an accounts payable clerk and financial accountant were made redundant from the business during the year.
To identify principal audit risk and corresponding audit procedures
Show the audit inherent risk and rate the risk as low, medium or high.
Explain the role of the following three 'bodies' in National Health Reform
Prepare a memo on the 'state of the company's industry' and associated risk factors.
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