Auditing Principles and Procedures

Learning Goal: I’m working on a accounting question and need an explanation and answer to help me learn.

Assignment Question(s):(Marks 10)

IMPORTANT NOTE: Answer in your own words, DO NOT COPY from slides, fellow student, or internet source without proper citation.

Q1 Most public accounting firms maintain audit documentation in two types of files , Describe the 2 types . (3 Marks).

Q2. What is the Format of audit Documentation? explain each part briefly . (3 Marks).

Q3. What are the 2 types of sampling risk? . (2 Marks).

Q4 . What are the Three Important Factors in Determining Sample Size? (2 Marks )

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