Answers - ACCA Global

AnswersFundamentals Level Skills module , Paper F8 Audit and AssuranceMarch/June 2016 Sample AnswersSection B1 Corporate governance weaknesses and recommendations2 Procedures to obtain evidence and an audit test relevant to bank balances(i)InspectionInspection involves examining records or documents, whether internal or external, in paper form, electronic form, or othermedia, or a physical examination of an asset.(ii)Inspect the bank reconciliation for any outstanding lodgements and agree to the pre year-end cash book, post year-end bankstatement and also to paying-in-book pre year board is comprised of six executives and only four non-executive directors (NEDs).

Fundamentals Level – Skills Module, Paper F8 Audit and Assurance March/June 2016 Sample Answers Section B 1 Corporate governance weaknesses and recommendations 2 Procedures to obtain evidence and an audit test relevant to bank balances (i) Inspection Inspection involves examining records or documents, whether internal or external, in paper form, electronic form, or other

Loading..

Tags:

  Answers, Module

Information

Related search queries