- 5 Marks
AA – April 2022 – L2 – Q1a – Introduction to Audit and Assurance Engagements
State the primary and secondary objectives of an audit.
Question
Audit is the examination or inspection of various books of accounts by an auditor to certify that the accounts have been prepared according to the principles of accounting and to determine whether the Financial Statements prepared reflect a true and fair view of the state of affairs of a business.
Required:
i) State the Primary objective of an audit.
ii) State the Secondary objectives of an audit. (5 marks)
Find Related Questions by Tags, levels, etc.
- Tags: Assurance, Audit, Financial Statements, Objectives, Secondary Objectives
- Level: Level 2
- Topic: Introduction to Audit and Assurance Engagements
- Series: APR 2022
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