1. Discuss an auditor’s professional responsibilities 2. Provide explanation of: test of controls substantive test audit risk model subsequent events independence professional...

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Accounting

1. Discuss an auditor’s professional responsibilities

2. Provide explanation of:

test of controls
substantive test
audit risk model
subsequent events
independence
professional skepticism

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4.4 Ratings (901 Votes)
1 Auditors professional responsibilities The responsibilities of the auditor in relation to the audit of financial statements clearly stating therein that a His responsibility is to form and express an opinion on the financial statements prepared by management b Audit does not relieve management or those charged with governance of their responsibilities c He is not required to design procedures for identifying supplementary matters to be communicated with those charged    See Answer
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