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    Questions For Colloquium Audit

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    silviasg2207
    questions for colloquium Audit

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    Questions For Colloquium Audit

    Uploaded by

    silviasg2207
    5 views2 pages
    questions for colloquium Audit

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    Questions for colloquium Audit

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    questions for colloquium Audit

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5 views2 pages

    Questions For Colloquium Audit

    Uploaded by

    silviasg2207
    questions for colloquium Audit

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Questions for the colloquium "Audit"

    1) Who is responsible for the financial statements?


    2) What is the difference between an audit of financial statements (performed by an external
    audit) and an internal audit?
    3) Define the work of external audit.
    4) Are auditors auditing financial statements also able to provide consulting services to the
    same company? Explain the answer.
    5) Who are the users of the external audit report? Explain the answer.
    6) What are the criteria for assessing the objectivity of the financial statements?
    7) Explain the audit principle of documentation.
    8) Whose property is the auditor's working documentation?
    9) State the classification of audit methods.
    10) What are auditing standards?
    11) What are management statements about financial statements? Explain the answer.
    12) List and explain the three types of risks that must be taken into account when making a
    preliminary audit risk assessment.
    13) What is audit evidence? Explain the answer.
    14) What is sample-based audit, what is the advantage and what is the disadvantage of
    sample-based audit?
    15) List three types of modified auditor's opinion.
    16) If there is a possibility of liquidation (bankruptcy) of the company and the management
    has stated this in the notes to the financial statements, can the auditors give a positive opinion
    for the financial statements?
    17) What is an auditor's expert and must he be employed by the auditing company?
    18) List four main features that make accounting information usable for users.
    19) What is corporate reporting?
    20) What does the annual financial report contain?
    21) What is the main task of the audit of financial statements (what is it aimed at)?
    22) What is the task (role) of internal audit?
    23) What is the area of work of internal audit?
    24) State the basic features of external audit.
    25) State the audit principles (which are in line with the principles in International Standards
    on Auditing).
    26) What are the analytical procedures performed when auditing financial statements (what
    do they include)?

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