Do you want BuboFlash to help you learning these things? Or do you want to add or correct something? Click here to log in or create user.



Question

Areas / matters where Professional Judgement is used by the External Auditor are :

1. When calculating materiality at the start of the audit

2. When audit risk is assessed

3. Nature, timing & extent of audit procedures to be performed to obtain audit evidence.

4. When evaluating whether S.A.A.E has been obtained & what [...] are needed to achieve the overall objectives of the external audit.

5. When drawing conclusions based on the evidence obtained e.g. assessment of reasonableness of estimates made by management in preparing the accounts.

Answer
further procedures

Question

Areas / matters where Professional Judgement is used by the External Auditor are :

1. When calculating materiality at the start of the audit

2. When audit risk is assessed

3. Nature, timing & extent of audit procedures to be performed to obtain audit evidence.

4. When evaluating whether S.A.A.E has been obtained & what [...] are needed to achieve the overall objectives of the external audit.

5. When drawing conclusions based on the evidence obtained e.g. assessment of reasonableness of estimates made by management in preparing the accounts.

Answer
?

Question

Areas / matters where Professional Judgement is used by the External Auditor are :

1. When calculating materiality at the start of the audit

2. When audit risk is assessed

3. Nature, timing & extent of audit procedures to be performed to obtain audit evidence.

4. When evaluating whether S.A.A.E has been obtained & what [...] are needed to achieve the overall objectives of the external audit.

5. When drawing conclusions based on the evidence obtained e.g. assessment of reasonableness of estimates made by management in preparing the accounts.

Answer
further procedures
If you want to change selection, open original toplevel document below and click on "Move attachment"

Parent (intermediate) annotation

Open it
audit 2. When audit risk is assessed 3. Nature, timing & extent of audit procedures to be performed to obtain audit evidence. 4. When evaluating whether S.A.A.E has been obtained & what <span>further procedures are needed to achieve the overall objectives of the external audit. 5. When drawing conclusions based on the evidence obtained e.g. assessment of reasonableness of estimates made by man

Original toplevel document (pdf)

owner: Shaun2099 - (no access) - H1 BasicConcepts.pdf, p9

Summary

statusnot learnedmeasured difficulty37% [default]last interval [days]               
repetition number in this series0memorised on               scheduled repetition               
scheduled repetition interval               last repetition or drill

Details

No repetitions


Discussion

Do you want to join discussion? Click here to log in or create user.