Exam (elaborations)
AUE1501 Exam pack
- Course
- Institution
- Book
Past exam papers and answers
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
CPA audit exam with questions
Seller
Follow
Matilda
Reviews received
Content preview
AUE1501 Oct/Nov 2016 MemoINSTITUTION: UNISA
COLLEGE NAME: UNICALCULUS
TITLE: AUE 1501 Oct-Nov 2016
QUESTION 1
1. C
2. D
3. A
4. A
5. A
6. C
7. C
8. A
9. D
10. B
11. B
12. C
QUESTION 2
1. A
2. A
3. D
4. B
5. B
6. D
7. D
8. E
9. D
10. D
QUESTION 3
INTERNAL AUDITOR EXTERNAL AUDITOR
Obtain a mandate from management/ Obtain a mandate through legislation.
the audit committee. Perform an external attestation function
Perform a management function (auditing function).
Are contracted by the company they are Work for an independent audit firm.
working with. Function independently from the
Function independently in the organization.
organisation but remain part of it. Report to the shareholders
Report to management (including the External audit works primarily with those
audit committee). financial systems that have a bearing on
Internal audit covers all the the financial accounts.
organisation’s operations. External audit tends to be a year-end
Internal audit per forms audits process, even though some testing may
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Matilda. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.14. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
57727 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now