- 10 Marks
AAA – Nov 2020 – L3 – Q3a – Audit Evidence | Evaluation and Review
Discuss whether financial statements require amendment for specific events and describe related audit procedures and audit report implications.
Question
a) For each of the three events below:
i) Discuss whether the financial statements require amendment. (3 marks)
ii) Describe audit procedures that should be performed in order to form a conclusion on the amendment. (4 marks)
iii) Explain the impact on the audit report should the issues remain unresolved. (3 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Amendments, Audit Procedures, Audit report, Financial Statements, Subsequent Events
- Level: Level 3
- Topic: Audit evidence, Evaluation and review
- Series: NOV 2020
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