Reviewing the financial statement and the auditors report with the auditor on

Reviewing the financial statement and the auditors

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Reviewing the financial statement and the auditor’s report with the auditor on completion of the engagement . Question (4 (: Question (5 (: Question (6 (:
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Question (7 (: Explain how the word of a client’s internal auditors might affect the work of the independent auditor and state the determining factors that should be considered ? The internal auditor’s work cannot be used as substitute for the independent auditor’s work . on the audit , the independent auditor should : Consider the competence and objectivity of the internal auditor . Evaluate the quality of the internal’s word . Question (8 (: Identify the three categories of ten generally accepted auditing standards ? General standards (TIP ( Standards of Field work ) PIE ( Standards of Reporting )GODC (
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Question (9 (: Briefly indicate the subject matter of each of the ten standards ? ____ ــــــــــ General standards (TIP ( Standards of Field work (PIE ( Standards of Rep . ( GODC ( Training An independence Professional care Planning Internal control structure Evidential matter GAAP Consistency Disclosures Opinion
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Question (10 (: What are the basic elements of
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