Describe the possible audit reports that can be issued where the going concern status of a company is called into question; your answer should describe the […]

Describe external auditor’s responsibilities and the work that the auditor should perform in relation to the going concern status of companies.

ISA 400 Risk Assessments and Internal Control deals with internal control objectives and internal controls. ISA 500 Audit Evidence deals with audit objectives and audit procedures. […]

Auditors obtain several different confirmations from various sources during the course of their audit. Required: Describe the audit evidence provided by each of the confirmations listed […]

Mr. Mteta has approached you with a view to obtaining help in determining his taxable income for 2005. He has supplied the following information: 1. Business […]

Company B has a provision in its balance sheet for claims made by customers for product defects under 1-year company warranties. Required: Describe the matters you […]

Company A has a number of long and short-term payables, accruals and provisions in its balance sheet. Required: Describe the audit procedures you would apply to […]

Flowers Anytime sells flowers wholesale. Customers telephone the company and their orders are taken by clerks who take details of the flowers to be delivered, the […]

List and explain any three deductions that may be available against gains or profits from employment