- 15 Marks
AA – Nov 2016 – L2 – Q7 – Audit of Public Sector Entities
This question focuses on audit areas to consider for not-for-profit organisations and other factors peculiar to their audits.
Question
Savealife Nigeria is the local member of Savealife International, a Non-governmental Donor Agency.
Required:
a) Summarise the main audit areas to consider in relation to the audit of Savealife Nigeria.
(10 Marks)
b) Highlight other factors peculiar to such not-for-profit organisations that the Auditor needs to consider.
(5 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Audit Risk, Donations, NGO Audit, Not-for-Profit Organisations, Restricted Funds
- Level: Level 2
- Topic: Audit of Public Sector Entities
- Series: NOV 2016
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