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@lilit274 said:
Because 1 is true.Auditors do not have a responsibility to perform procedures to identify subsequent events after the date of the auditor’s report. However if anything comes out to their annotation, they should take appropriate steps.
i think there is a review after audit report in which procedures are performed. so this statement is incorrect
i think there is a review after audit report in which procedures are performed. so this statement is incorrect
and what about ques 1? examinar is asking about procedure but D is the control..Isn’t it?
Ques 4.. why not B? auditor should follow ISA, no matter whatever the conditions are..
Ques 6.. why not C? isn’t it the procedure for NCA completeness?
Ques 7.. why not D? where it is written the directors require training before joining..?
Ques 9.. why not B? auditors have the responsibility to identify subsequent events.. and statement 2 is correct.
Ques 10.. if share holders are changing then why it is need to change the engagement letter? isn’t it the agreement between the directors and audior?
Any one can ans me?
why the ans for mcqs 9 is not b??
