Question Tag: Acceptance Criteria

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AA – Nov 2020 – L2 – Q5b – Regulatory Framework and Audit Responsibilities

List preconditions to assess before accepting an audit engagement.

Question

The objective of the auditor per ISA 210: Agreeing the terms of audit engagements is to accept or continue an audit engagement only when the basis upon which it is to be performed has been agreed. One way to do this is to establish whether the preconditions for an audit are present.

Required:
What are the preconditions to be assessed?
(5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Acceptance Criteria, Audit Preconditions, Financial Reporting Framework, ISA 210, Management responsibilities
Level: Level 2

Topic: Regulatory Framework and Audit Responsibilities
Series: NOV 2020

AA – Nov 2020 – L2 – Q5b – Regulatory Framework and Audit Responsibilities

List preconditions to assess before accepting an audit engagement.

Question

Required:
What are the preconditions to be assessed?
(5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Acceptance Criteria, Audit Preconditions, Financial Reporting Framework, ISA 210, Management responsibilities
Level: Level 2

Topic: Regulatory Framework and Audit Responsibilities
Series: NOV 2020

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Question Tag: Acceptance Criteria

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AA – Nov 2020 – L2 – Q5b – Regulatory Framework and Audit Responsibilities

List preconditions to assess before accepting an audit engagement.

AA – Nov 2020 – L2 – Q5b – Regulatory Framework and Audit Responsibilities

List preconditions to assess before accepting an audit engagement.

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