CAP CLASSES

If in exceptional circumstances the auditor departs from SAs, he shall -

The auditor shall prepare audit documentation that.........................to enable to understandNTE of audit procedures, audit evidences and conclusions.

Experienced auditor as per SA-230 is an individual having practical audit experience and who is -

Audit documentation may be useful for -

As per Standards on Auditing, the auditor should not disclose his working papers to third parties -

Audit note book -

Documentation should be kept at least upto -

Documentation is the property of -

Documentation refers to the working papers kept by in connection with

In continuous audit,

Final audit is suitable for -

Statement (1): Auditor as well as audit staff should not discuss the clients' information with outsiders. Statement (2): After examination, all vouchers must be stamped. Statement (3): Audit team manager need not review and supervise the work done

Audit programme may benefit -

The advantages of audit programme are -

Statement (1): Auditor shall update and change the overall audit strategy and audit plan. Statement (2): Auditor shall update the audit plan; however, overall audit strategy should not be changed during the course of audit.

The auditor shall develop an audit plan which includes

Statement (1): The auditor shall establish an overall audit strategy that guides the development of audit plan. Statement (2): SA-300 deals with planning an audit of financial statements.