Auditing Assignment | Homework For You
Students are required to:
1.1- Identify and distinguish between tests of controls,substantive tests of transactions and substantive tests of balances.
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1.2- Identify and understand when the auditor will undertake substantive audit
procedures in response to specific assessed risks of material misstatement.
1.3- Understand how assertions relate to account balances
1.4- Understand how to select the most efficient and effective combination of audit
procedures that allows them to achieve the audit objective
1.5– Active participation in an “audit team context” with professional group
discussions
1.6- Co-operation with fellow students to produce a joint assignment in a report format on time and to a high standard along with power-point slides. Get Accounting homework help today