between the auditors report and third party report eg a bank which evidence can be relied upon?
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Matege·
Wooo the quiz is a very good part of it, its good for personal revision evaluation thanks a lot
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JosephOtwell·
Interesting!
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carol·
Some more help and light on identifying audit risks please
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KimTutor·
Please read the chapter of the notes and watch the video - if you still have questions then ask a fellow student in this forum https://opentuition.com/forum/acca-forums/acca-aa-audit-and-assurance-forums/ OR https://opentuition.com/forum/ask-acca-tutor-forums/ask-the-tutor-acca-audit-and-assurance-aa-exams. Please be specific with your query, I cannot respond to requests for "more help".
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Wassay·
plz explain why external oral enquiry is worse audit evidence than internal written audit evidence? as in Q4.
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KimTutor·
See page 61 of the notes for the general "rules of thumb" concerning the reliability of audit evidence.
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Wassay·
it does not answer my question in notes. it does not compare external oral with internal written evidence.
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KimTutor·
My apologies I did not grasp your meaning. I have answered this Q generically in the AA forum - when using tutor forum (for promptest reply) please reference the source of your query so I can answer it in context.
In answer to this Q I would say, in general, something documented will be more persuasive than something said regardless of it's source (internal or external). If you disagree don't worry - it's a matter of judgment and this is just a quiz. In a real exam Q you wouldn't expect to have any potential conflict.
In answer to this Q I would say, in general, something documented will be more persuasive than something said regardless of it's source (internal or external). If you disagree don't worry - it's a matter of judgment and this is just a quiz. In a real exam Q you wouldn't expect to have any potential conflict.