The computerization of business operations has posed many challenges to the auditor. Explain the difficulties experienced by an auditor in each of the following situations: i) In the use of test packs. (4 marks) ii) In on-line systems. (4 marks)

a) An auditor should form an opinion on the adequacy of the accounting treatment of an inherent uncertainty disclosed in the financial statements of a company.

i) What is meant by the term “inherent uncertainty”? (2 marks)
ii) Explain the treatment of inherent uncertainties in the auditor’s report. (6 marks)

b) Summarise the principal contents of a statement of directors’ responsibilities to be included in financial statements. (8 marks)

c) Explain the steps an auditor should take if he concludes that the client has made a departure from an accounting standard in the preparation of the financial statements.
(4 marks)
(Total: 20 marks)

The computerization of business operations has posed many challenges to the auditor. Explain the difficulties experienced by an auditor in each of the following situations: i) In the use of test packs. (4 marks) ii) In on-line systems. (4 marks)

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Clarify the role of each legally mandated attendee on the Individualized Education Program team

This discussion assesses your ability to clarify the role of each legally mandated attendee on the Individualized Education Program team. This assessment also supports your achievement of Course Learning Outcome….