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Detailed explanation of each & every topic of AUDIT for better understanding

Questions › Category: SA-210
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CA Final Mcq number 113 and 114
Rohit AgrawalRohit Agrawal asked 5 years ago • 
951 views1 answers0 votes
Case – Book a company are seized by IT Authorities, factories and Godown are sealed That company requests Auditor to perform Audit on photocopies available. Can a CA accept such Audit if he mentions in his Audit Engagement Letter that he will issue disclaimer of opinion
HimalayaHimalaya asked 6 years ago • 
932 views1 answers0 votes
Sir should an Auditor accept Audit If That entity FOLLOWS US GAAP instead of IndAs
HimalayaHimalaya asked 6 years ago • 
1108 views2 answers0 votes
Can an auditor in addition to the mandatory clause in the engagement letter may also make reference of- 1-The unavoidable risk that some material misstatements may go undetected due to the inherent limitations in an audit 2)The expectation that management will provide written representations 3)The agreement of management to inform the auditor of facts that may affect the financial statements 4)The basis on which fees are computed and billing arrangements 5)Restrictions to the auditor's liability can all this additional clause can be called as non mandatory clause in engagement letter?.
SangeetaSangeeta asked 6 years ago • 
911 views1 answers0 votes
what is the meaning of recurring audit?
SangeetaSangeeta asked 6 years ago • 
5351 views1 answers0 votes
sir in sa 210 if limitation is imposed by management in initial audit engagement then we do not hv to accept tge audit. I want to ask what type of limitation are those???
KaranKaran asked 6 years ago • 
1014 views1 answers0 votes
Prior to audit engagement mgt has put a limitation on scope and thus auditor thinks he will give CASE 1 DISCLAIMER CASE 2 QUALIFIED i think he should reject in case 1 and accept in case 2 as in book the word mentioned is DISCLAIMING AN OPINION ON FS but in video u told if report is to be modified than dont accept…in book it is written only DISCLAIMING not qualified…plz clarify
Abhash SinghAbhash Singh asked 6 years ago • 
1077 views1 answers0 votes
As per SA210 agreeing the terms of audit engagement can it be correlated with sec 143 (1) of companies act which deals with the access to the BOA s and information?
SaurabhSaurabh asked 6 years ago • 
1262 views1 answers0 votes
Hlo Sir, what are audit engagement terms??
Gurjeet SagguGurjeet asked 7 years ago • 
1220 views1 answers0 votes
Hlo sir, audit engagement letter issue only in voluntary audit??
Gurjeet SagguGurjeet asked 7 years ago • 
1280 views2 answers0 votes
In SA 210/260 there is a contradiction. That in SA 260, it is said that just after accepting the audit we should say tcwg that our audit work will not relieve ur responsibility. But in SA 210, this is included in preconditions. Little confused pls resolve.
Shubham MangalShubham asked 7 years ago • 
1469 views3 answers0 votes
SA 210 me auditor lower level assurance accept kre to professional negligence nhi keh sakte?
Ashish PatelAshish Patel asked 7 years ago • 
1254 views1 answers0 votes
Why a new engagement letter is required in case of a change in nature or size of the entity’s business?
Rishabh Jainrishabh jain asked 7 years ago • 
1204 views1 answers0 votes
hello sir, with respect to sa 210, one of the pre condition for acceptability of audit is to check acceptability of financial reporting framework, my question is that how this condition is feasible since as per company’s act only directors have right to inspect books of accounts and that too personally and auditor got right to access books of accounts and financial statements after his appointment as an auditor, so how to full fill this condition regarding neutrality, reliability, undesirability,etc ?
Auditaudit asked 9 years ago • 
1424 views1 answers0 votes
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