问题
问答题
3.
(b) List FOUR examples of matters the auditor may consider when obtaining an understanding of the entity. (2 marks)
答案
参考答案:Matters to consider in obtaining an understanding of the entity:– The market and its competition– Legislation and regulation– Regulatory framework– Ownership of the entity– Nature of products/services and markets– Location of production facilities and factories– Key customers and suppliers– Capital investment activities– Accounting policies and industry specific guidance– Financing structure– Significant changes in the entity on prior years.