Audit Report Section E Flashcards

1
Q

Elements Of Audit Report?

A

Sir told to remember 7 for paper

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2
Q

What is audit report?

A
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3
Q

Types of Opinion in Audit?

A
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4
Q

Unmodified Opinion or unqualified?

A
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5
Q

Qualified Opinion?

A
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6
Q

Adverse Opinion?

A
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7
Q

Disclaimer of Opinion?

A
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8
Q
A
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9
Q

Eom and Om Paragraphs?

A
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10
Q

Contents Of EOM Para?

A
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11
Q

Issues Relating to Other Information?

A

1- Inconsistency b/w F/s and Other Info
2- Material misstatement in other info

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12
Q

What should auditor do if there is inconsistency between F/s and Other INfo/

A
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13
Q

What should auditor do if there is Material Misstatement of facts in other information?

A
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14
Q

Overall Review of f/s?

A
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15
Q

What is the Auditors responsibility in Subsequent Events?

A
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16
Q

What is going Concern?

17
Q

Indicators of going concern Problem?

18
Q

Auditors And management duties in Going Concern ?

19
Q

Audit Procedures in Going Concern?

20
Q

Reporting Issues in Going Cincern?

21
Q

What is Written Representation?

22
Q

On what matters auditor should take written representation?

23
Q

What is the quality and Reliability and appropriateness of written representation?

24
Q

How to obtain a written Representation?

25
Q

Reporting issue of written reperesentation?