Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Auditing Mcqs

You have been proposed as auditor of a company. What is the first step that you should take?

You have been proposed as auditor of a company. What is the first step that you should take?

A. Obtain the client’s permission to communicate with the existing auditor
B. Obtain the existing auditor’s working papers
C. Obtain a copy of the company’s most recent board minutes
D. Obtain a copy of the existing auditor’s letter of engagement

You have been proposed as auditor of a company. What is the first step that you should take? Read More »

Auditing Mcqs

Which of the following are fundamental ethical principles for professional accountants? 1 Competence 2 Compliance 3 Integrity 4 Objectivity

Which of the following are fundamental ethical principles for professional accountants?
1 Competence
2 Compliance
3 Integrity
4 Objectivity

A. 1, 2 and 3 only
B. 1, 3 and 4 only
C. 2, 3 and 4 only
D. 1, 2 and 4 only

Which of the following are fundamental ethical principles for professional accountants? 1 Competence 2 Compliance 3 Integrity 4 Objectivity Read More »

Auditing Mcqs