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preconditions of an audit

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › preconditions of an audit

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Ken Garrett.
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  • May 22, 2018 at 2:34 pm #453370
    multivinay
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    what are the preconditions of an audit? how does it help? and how do I answer when asked about it?
    plus is there any lectures which contains details about it?

    May 22, 2018 at 4:59 pm #453423
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10625
    • ☆☆☆☆☆

    1 Directors accept their responsibilities to prepare the FS and to provide answers to any queries auditors might havr.

    2 The FS will be prepared using an acceptable reporting framework.

    That’s really all there is to say on this.

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