Audit Principles

AA – Nov 2024 – L2 – Q5c – General Principles of Public Sector Auditing

Explain five general principles of public sector auditing under ISSAI.

Question

There are general principles that guide the practice of auditing in the public sector in accordance with International Standards of Supreme Audit Institutions (ISSAI). The principles of auditing are not very different from auditing and assurance in the private sector.

Required:
In relation to the statement above, explain FIVE general principles of public sector audit.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit Principles, Audit Risk, Ethical Standards, ISSAI, Materiality, Professional Skepticism, Public Sector Audit
Level: Level 2

Topic: Public Sector Auditing
Series: Nov 2024

AA – Dec 2022 – L2 – Q3a – Audit and Assurance Evidence

Outlines five general principles from ISA 500 for assessing the reliability of audit evidence provided by a client

Question

You have been asked by your Audit Manager to assess the audit evidence provided by a client, a small company owned by Mr. and Mrs. Randolph-Phillips. You observed that the files have been neatly packaged and well referenced. You are however skeptical as to the quality of evidence provided because the year’s audit encountered many difficulties.

Required:
Outline FIVE (5) general principles in accordance with ISA 500: Audit Evidence, that will assist you in assessing the reliability of the audit evidence received.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit evidence, Audit Principles, Audit Process, ISA 500, Reliability
Level: Level 2

Topic: Audit and Assurance Evidence
Series: DEC 2022

AAA – May 2021 – L3 – Q4b – Public sector audit | Assurance services

Discuss the principles of performance audit and describe the documentary evidence useful during the planning stage of a performance audit.

Question

Performance audit is an independent assessment of an entity’s operations, typically associated with government agencies. The goal is to evaluate the performance of a stated program to determine its effectiveness and to make changes if needed. Performance audits often include an analysis of the conditions necessary to ensure that the principles of economy, efficiency, and effectiveness are upheld. It is necessary in a performance audit to document the audit plan in an audit engagement.

Required:

i) Discuss the principles of performance audit. (6 marks)

ii) Describe FOUR (4) documentary evidence useful at the planning stage during an audit exercise. (4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit Principles, Documentary Evidence, Economy, Effectiveness, Efficiency, Performance Audit
Level: Level 3

Series: MAY 2021

AA – Nov 2024 – L2 – Q5c – General Principles of Public Sector Auditing

Explain five general principles of public sector auditing under ISSAI.

Question

Required:
In relation to the statement above, explain FIVE general principles of public sector audit.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit Principles, Audit Risk, Ethical Standards, ISSAI, Materiality, Professional Skepticism, Public Sector Audit
Level: Level 2

Topic: Public Sector Auditing
Series: Nov 2024

AA – Dec 2022 – L2 – Q3a – Audit and Assurance Evidence

Outlines five general principles from ISA 500 for assessing the reliability of audit evidence provided by a client

Question

Required:
Outline FIVE (5) general principles in accordance with ISA 500: Audit Evidence, that will assist you in assessing the reliability of the audit evidence received.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit evidence, Audit Principles, Audit Process, ISA 500, Reliability
Level: Level 2

Topic: Audit and Assurance Evidence
Series: DEC 2022

AAA – May 2021 – L3 – Q4b – Public sector audit | Assurance services

Discuss the principles of performance audit and describe the documentary evidence useful during the planning stage of a performance audit.

Question

Required:

i) Discuss the principles of performance audit. (6 marks)

ii) Describe FOUR (4) documentary evidence useful at the planning stage during an audit exercise. (4 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Audit Principles, Documentary Evidence, Economy, Effectiveness, Efficiency, Performance Audit
Level: Level 3

Series: MAY 2021

Question Tag: Audit Principles

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

AA – Nov 2024 – L2 – Q5c – General Principles of Public Sector Auditing

Explain five general principles of public sector auditing under ISSAI.

AA – Dec 2022 – L2 – Q3a – Audit and Assurance Evidence

Outlines five general principles from ISA 500 for assessing the reliability of audit evidence provided by a client

AAA – May 2021 – L3 – Q4b – Public sector audit | Assurance services

Discuss the principles of performance audit and describe the documentary evidence useful during the planning stage of a performance audit.

AA – Nov 2024 – L2 – Q5c – General Principles of Public Sector Auditing

Explain five general principles of public sector auditing under ISSAI.

AA – Dec 2022 – L2 – Q3a – Audit and Assurance Evidence

Outlines five general principles from ISA 500 for assessing the reliability of audit evidence provided by a client

AAA – May 2021 – L3 – Q4b – Public sector audit | Assurance services

Discuss the principles of performance audit and describe the documentary evidence useful during the planning stage of a performance audit.

Our offerings

Contact Info

Customer

Get In Touch

Question Tag: Audit Principles

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

AA – Nov 2024 – L2 – Q5c – General Principles of Public Sector Auditing

Explain five general principles of public sector auditing under ISSAI.

You're reporting an error for "AA – Nov 2024 – L2 – Q5c – General Principles of Public Sector Auditing"

AA – Dec 2022 – L2 – Q3a – Audit and Assurance Evidence

Outlines five general principles from ISA 500 for assessing the reliability of audit evidence provided by a client

You're reporting an error for "AA – Dec 2022 – L2 – Q3a – Audit and Assurance Evidence"

AAA – May 2021 – L3 – Q4b – Public sector audit | Assurance services

Discuss the principles of performance audit and describe the documentary evidence useful during the planning stage of a performance audit.

You're reporting an error for "AAA – May 2021 – L3 – Q4b – Public sector audit | Assurance services"

AA – Nov 2024 – L2 – Q5c – General Principles of Public Sector Auditing

Explain five general principles of public sector auditing under ISSAI.

You're reporting an error for "AA – Nov 2024 – L2 – Q5c – General Principles of Public Sector Auditing"

AA – Dec 2022 – L2 – Q3a – Audit and Assurance Evidence

Outlines five general principles from ISA 500 for assessing the reliability of audit evidence provided by a client

You're reporting an error for "AA – Dec 2022 – L2 – Q3a – Audit and Assurance Evidence"

AAA – May 2021 – L3 – Q4b – Public sector audit | Assurance services

Discuss the principles of performance audit and describe the documentary evidence useful during the planning stage of a performance audit.

You're reporting an error for "AAA – May 2021 – L3 – Q4b – Public sector audit | Assurance services"

Our offerings

Contact Info

Customer

Get In Touch

admin