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LATEST 2024/2025 AUDITING 1 CLASS NOTES SUMMARY AND REAL EXAM QUESTIONS ALREADY PASSED 100% $10.49   Add to cart

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LATEST 2024/2025 AUDITING 1 CLASS NOTES SUMMARY AND REAL EXAM QUESTIONS ALREADY PASSED 100%

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TOPIC 1: INTRODUCTION TO AUDITING** SUMMARIZED CLASS NOTES FOR EXAM REVISION

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**TOPIC 1: INTRODUCTION TO AUDITING** **1.1 Definition, Nature, and Scope of Auditing** **Definition** 1) According to the International Standards on Auditing (ISA), an audit is an independent examination of an entity's financial statements by an appointed auditor, followed by an expression ...

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Topic 2 Auditing Class Notes Guarantee pass Correct answers 100%

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Topic 2 Auditing Class Notes Guarantee pass Correct 100% **The Auditor and the Kenya Companies Act, 1962, Cap 486** **2.1. Appointment** Each company is required to appoint an auditor or auditors at every annual general meeting (AGM). The appointed auditors hold office from the end of that AG...

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TOPIC 3: RESPONSIBILITY FOR DETECTION OF FRAUD & ERRORS

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**TOPIC 3: RESPONSIBILITY FOR DETECTION OF FRAUD & ERRORS** **3.1 DEFINITIONS RELATED TO FRAUD AND ERROR** Fraud is defined as a willful misrepresentation made with the intention of deceiving others, often involving a deliberate mistake in the accounts to achieve personal gain. Errors are typica...

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AUDITING 1 REAL EXAM QUESTION AND ANSWERS ALREADY PASSED! 100% Topic 1 2 and 3 question and answers

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AUDITING 1 REAL EXAM QUESTION AND ANSWERS ALREADY PASSED! 100% Topic 1 2 and 3 question and answers 1. **Question:** What is the primary purpose of an audit? **Answer:** The primary purpose of an audit is to provide an independent assessment of the financial statements to ensure they present ...

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