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Repost from CA INTER DT - CA SHIRISH VYAS
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Statement 1: Management representation cannot be treated as a substitute for other audit evidences.
Statement 2:Management representation can only be regarded as an additional evidence.
With respect to segment Information,auditor shall obtain evidences regarding of segment information as per---
If management does not permit auditor to communicate with legal counsel or legal counsel refuses to respond,then auditor shall-----
As per SA-501 ,auditor shall perform procedures to identify litigation and claims by---
Audit:---
If inventory is under control of a third party, as per SA-501 auditor shall--
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If auditor is unable to attend inventory count due to unforeseen circumstances ,he shall----
Auditor shall obtain sufficient and appropriate evidences with respect to _____ of inventory as per SA-501.
SA-states that auditor shall obtain sufficient and appropriate audit evidences
If the management uses the work of ____ while preparing the financial statements,it can be treated as the management use of work of management expert.
