Sufficiency – NBC Institute

AA – May 2017 – L2 – SA – Q2 – Audit Evidence

Discussion on sufficiency, reliability, and relevance principles for audit evidence as per ISA 500.

Question

The Auditor is required by ISA 500 to design and perform appropriate audit procedures for obtaining sufficient and appropriate audit evidence.

You are required to:

(a) Identify FIVE factors that an Auditor will consider in determining what constitutes sufficient audit evidence. (5 Marks)
(b) Explain FIVE principles that would assist the Auditor in assessing the reliability of audit evidence. (5 Marks)
(c) Explain FOUR principles that would assist the Auditor in assessing the relevance of audit evidence. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit evidence, ISA 500, Relevance, Reliability, Sufficiency
Level: Level 2

Series: MAY 2017

AA – Nov 2016 – L2 – Q4a – Audit and Assurance Evidence

List and explain factors that influence the auditor’s judgment on the sufficiency of audit evidence.

Question

List and explain FOUR factors that will influence the auditor’s judgment regarding the sufficiency of the evidence obtained.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit evidence, Judgment, Sufficiency
Level: Level 2

Topic: Audit and Assurance Evidence
Series: NOV 2016

AA – May 2017 – L2 – SA – Q2 – Audit Evidence

Discussion on sufficiency, reliability, and relevance principles for audit evidence as per ISA 500.

Question

The Auditor is required by ISA 500 to design and perform appropriate audit procedures for obtaining sufficient and appropriate audit evidence.

You are required to:

(a) Identify FIVE factors that an Auditor will consider in determining what constitutes sufficient audit evidence. (5 Marks)
(b) Explain FIVE principles that would assist the Auditor in assessing the reliability of audit evidence. (5 Marks)
(c) Explain FOUR principles that would assist the Auditor in assessing the relevance of audit evidence. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit evidence, ISA 500, Relevance, Reliability, Sufficiency
Level: Level 2

Series: MAY 2017

AA – Nov 2016 – L2 – Q4a – Audit and Assurance Evidence

List and explain factors that influence the auditor’s judgment on the sufficiency of audit evidence.

Question

List and explain FOUR factors that will influence the auditor’s judgment regarding the sufficiency of the evidence obtained.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit evidence, Judgment, Sufficiency
Level: Level 2

Topic: Audit and Assurance Evidence
Series: NOV 2016

Question Tag: Sufficiency

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

AA – May 2017 – L2 – SA – Q2 – Audit Evidence

Discussion on sufficiency, reliability, and relevance principles for audit evidence as per ISA 500.

AA – Nov 2016 – L2 – Q4a – Audit and Assurance Evidence

List and explain factors that influence the auditor’s judgment on the sufficiency of audit evidence.

AA – May 2017 – L2 – SA – Q2 – Audit Evidence

Discussion on sufficiency, reliability, and relevance principles for audit evidence as per ISA 500.

AA – Nov 2016 – L2 – Q4a – Audit and Assurance Evidence

List and explain factors that influence the auditor’s judgment on the sufficiency of audit evidence.

Our offerings

Contact Info

Customer

Get In Touch

Question Tag: Sufficiency

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

AA – May 2017 – L2 – SA – Q2 – Audit Evidence

Discussion on sufficiency, reliability, and relevance principles for audit evidence as per ISA 500.

You're reporting an error for "AA – May 2017 – L2 – SA – Q2 – Audit Evidence"

AA – Nov 2016 – L2 – Q4a – Audit and Assurance Evidence

List and explain factors that influence the auditor’s judgment on the sufficiency of audit evidence.

You're reporting an error for "AA – Nov 2016 – L2 – Q4a – Audit and Assurance Evidence"

AA – May 2017 – L2 – SA – Q2 – Audit Evidence

Discussion on sufficiency, reliability, and relevance principles for audit evidence as per ISA 500.

You're reporting an error for "AA – May 2017 – L2 – SA – Q2 – Audit Evidence"

AA – Nov 2016 – L2 – Q4a – Audit and Assurance Evidence

List and explain factors that influence the auditor’s judgment on the sufficiency of audit evidence.

You're reporting an error for "AA – Nov 2016 – L2 – Q4a – Audit and Assurance Evidence"

Our offerings

Contact Info

Customer

Get In Touch

admin