ACC311 Midterm Past Papers by Rana Abubakar Khan

Rana Abubakar Khan

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MCQz 22 3 questions of 3 marks 2 questions of 5 marks MCQz was bit confusing disqualifications of an auditor ?section 253 if you hired by a government bank as an auditor what you do for permot bank's credibility? what is audit process and what is its importance? audit risk assessment ACC311 VU CURRENT MIDTERM SPRING 2013 PAPERS 28 mcqs enlist the categories of risk assessment procedure ( 3 marks) definition of internal control and enlist the procedure of audit ? (3 marks) what is the purpose of substantive procedure and define the “timing”? (5 marks) what is the information system and what is the importance in the accounting systems (5 marks)

Subject: ACC311 Fundamentals of Auditing DATE: 27-05-2013 What is the primary difference between an operational audit and a compliance audit? If you hired by a government bank as an auditor what you do for permit bank's Credibility? What is audit process and what is its importance? What is audit risk assessment?

Take any step under the Companies Law, 1984?

Suppose an auditor makes the assessment that there is a low level of control risk and inherent risk For a client, what would you expect the auditor to do in this situation?

REPLY BY TAIM ON DECEMBER 8, 2012 AT 10:07AM

22 MCQs and 3 Questions of 3 Marks and 2 Qs of 5 Each. Mcqs were mostly from past papers and current semester's Quizzes. 2 Qs about Risk of Material Mistatement Test of Controls Negligence and tort of Negligence

REPLY BY SHAZIA ON MAY 15, 2012 AT 10:28PM

1. Mr.Kamran is a partner of an audit firm. He bought shares of a company for which his firm is

informed the company secretary about the whole transaction. Is the company secretary required to take any step under the Companies Law, 1984? 5 Marks