Help with this. Scenario F You are an internal auditor at Puma Limited....
80.2K
Verified Solution
Question
Finance
Help with this.
Scenario F You are an internal auditor at Puma Limited. The company manufactures and supplies soccer merchandise and often sponsors the local Premier Soccer League with soccer Kits to participating clubs and tickets to spectators. You are about to perform a sponsorship audit and are required to gather information to achieve the engagement's objectives. Standard 2310 requires that internal auditors identify and use sufficient, reliable, relevant and useful information when performing an engagement. You found the following information in the previous file: (a) An internal auditor observes the weekly draw for soccer tickets. (b) An internal auditor reviews a signed copy of the report that lists the names of the winners, the list is compiled by the marketing clerk. (c) An internal auditor examines goods received notes received from the club as acknowledgement of receipt of soccer kit delivered. (d) An internal auditor examines a photocopy of the inventory list that will be used during the inventory count from the warehouse manager. (e) An internal auditor reconciles the number of tickets issued against the list of winners. MARKS REQUIRED 3.3 Based on the information in scenario F, classify information (a-e) according to its source (that is evidence obtained directly by the auditor, evidence obtained from third parties or evidence from the auditee.) Your answer should be in a tabular format as indicated below: Source of evidence No (a) [5] Page 9 of 11 AU12601/1/2022 3.4 Based on the information in scenario F. classify information (a-e) according to its nature (e.g. physical, oral, documentary etc.). Your answer should be in a tabular format as indicated below: Nature of evidence No (a) Scenario F You are an internal auditor at Puma Limited. The company manufactures and supplies soccer merchandise and often sponsors the local Premier Soccer League with soccer Kits to participating clubs and tickets to spectators. You are about to perform a sponsorship audit and are required to gather information to achieve the engagement's objectives. Standard 2310 requires that internal auditors identify and use sufficient, reliable, relevant and useful information when performing an engagement. You found the following information in the previous file: (a) An internal auditor observes the weekly draw for soccer tickets. (b) An internal auditor reviews a signed copy of the report that lists the names of the winners, the list is compiled by the marketing clerk. (c) An internal auditor examines goods received notes received from the club as acknowledgement of receipt of soccer kit delivered. (d) An internal auditor examines a photocopy of the inventory list that will be used during the inventory count from the warehouse manager. (e) An internal auditor reconciles the number of tickets issued against the list of winners. MARKS REQUIRED 3.3 Based on the information in scenario F, classify information (a-e) according to its source (that is evidence obtained directly by the auditor, evidence obtained from third parties or evidence from the auditee.) Your answer should be in a tabular format as indicated below: Source of evidence No (a) [5] Page 9 of 11 AU12601/1/2022 3.4 Based on the information in scenario F. classify information (a-e) according to its nature (e.g. physical, oral, documentary etc.). Your answer should be in a tabular format as indicated below: Nature of evidence No (a)Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.