AUE 3701 exam pack.

UNICALCULUS AUE3701 EXAM PACK 2 | P a g e CONTENTS MAY/JUNE 2015……………………………………………………….3 OCT/NOV 2014………………………………………………………….8 MAY/JUNE 2014………………………………………………………..13 OCT/NOV 2014………………………………………………………….20 3 | P a g e AUE 3701 JUNE 2015 1.1 SHORT COMING IN TERMS OF THE REQUIREMENTOF AUDIT DOCUMENTATION -No name of who performed the audit work is provided -No name of who reviewed the audit work -No dates and extent of such review was given -No significant matters arising from the audit was given -Nature, timing and extent of audit procedures were not given 1.2 CHECKLIST OF THE ADDITIONAL CRITERIA TO BE CONSIDERED BEFORE ACCEPTING A STATUTORY AUDIT ENGAGEMENT. CHECKLIST QUESTION YES/NO -Is there any condition which affects independence of the auditor? No -Does ABC have sufficient knowledge about the audit client No -Does ABC have sufficient personnel to perform the audit Yes -Does ABC need an expert in terms of IFRS as they have a subsidiary Yes 4 | P a g e -Does Davies allow communication with previous auditor No -Will Davie be able to pay audit fee considering penalties after being sued? No -Does ABC have appropriately qualified personnel for the audit Yes -Does ABC want consider itself with Davies whilst management integrity is questionable No